Well, you can "wonder," or you can look at what they actually do? I might argue that perhaps the reason the Phillies were able to recruit some ex-Baltimore executives could be that those executives were not happy with the direction set by Peter Angelos?
In last year's Rule 4 draft, the Phillies went $480k into the "plus 5%" beyond their draft pool. In the 2016 international signing period, all indications are that they completely spent down their allocation.
This year? They have, at most, $47k left in the "pool plus 5%" in the Rule 4 draft, and they paid out seven (or eight, depending on Ben Brown) additional $100k or larger bonuses to later draftees. Essentially spent what the rules permit, including the 5% overage/penalty. In the 2017 international signing period, we don't know yet - but we do know that they've made three trades for additional international allocation dollars.
It seems to me you have only a few complaints left: 1) you don't believe they spent enough on major-league free agents for 2017 - although it's not easy to identify who they should have signed; and 2) you don't believe they've spent enough/ been aggressive enough in pursuing over-23 (now over-25) international free agents. I've also see complaints about what the organization did less recently - but frankly, those are, IMHO, completely specious at this point, since those strategies pre-date Klentak (and mostly pre-date MacPhail).
We've just had a good Rule 4 draft/signing period; we've just seen the Phillies signing multiple ranked international prospects, and trading some of our own lesser prospects for international bonus allocation. A good couple of weeks... and that means it's time to grouse about them being cheap?