You probably want to start bailing immediately, also start plugging holes immediately. Except our technologies for bailing aren't practical yet (and may never be). If we don't plug the holes, we'll sink. If we don't start bailing, we'll sink. If we do both immediately, we might still sink but we've got a better chance.
I actually think where we're at is relatively decent. We know what's happening, can reliably predict certain storms.
Definitely don't want to go any higher, but going in the opposite direction for too long is entering ice age status.
The goal shouldn't be to adhere to a specific number, but identify an acceptable range/boundary.
You mean aside from the massive wildfires, depleting groundwater with droughts in so many parts of the world, etc.? The status quo hits the 'sweet spot' for you?
Likewise droughts are just as much caused by misuse of water resources than they are changes in rainfall. California in particular has no business having cities as large as it does given their groundwater situation - and that has been before global warming accelerated.
And it's not like putting the blame somewhere else somehow changes the reality.
By the way, I'm not arguing that we shouldn't decrease the CO2 levels. We should. I'm trying to have a nuanced and interesting discussion about a very complex phenomena.
Each of those problems you brought up can also be mitigated with proper engineering as well.
Take for example how Israel effectively solved the drought problem. Now that's an exceptional case and it wouldn't be logistically feasible to expect every nation to dedicate so much of their GDP to such problems. I'm just trying to suggest there are other variables at play, besides moving CO2 levels up and down like a thermometer.