That's not 2FA. There is one single factor there, the SMS code.
SMS 2FA does not require you to have a 1FA backdoor, so you can't claim the latter is an inherent fault of the former.
For example, pairing "enter the SMS code" with "click the link we sent to your backup e-mail address" gets you a two-factor password recovery process.
That isn't the best or only method of 2FA password resets, it just comes to mind first because it's the last one I used and it is sufficient to prevent access via SIM hijacking alone.