No, it doesn't.
I'm in no way trolling here, but if you think about it, most of the guys working on startups are also producing lots of bad code fast. The only difference is that most of them are aware of it, and will improve the code based on the requirements from the market.
"People often write in higher level languages because they want lots of bad code fast."
Even if this is true, it's true only in enterprise software environment where code quality has never been terribly important. Therefore it can't really be an argument against higher level languages in the context of a typical HN discussion.
Makes sense?