I upvoted you for the good explanation (and the refreshingly self-aware edit). However, I think it is rather presumptuous to paint the broad strokes of "good" and "bad" without adding so many caveats that it would no longer be germane to this conversation.

By your definition, I am currently a "bad programmer" because I do not have fluency in algorithms.

(I will leave the objective truth of this statement as an exercise to the reader; God knows it might be so. However...)

I contend that I am capable of learning new material quickly enough that, if I were suddenly called upon at my job to write code which handles all of the slings and arrows of algorithmic complexity, I would be able to do so with very little friction. To phrase it differently: I (probably) don't know enough to write gorgeous, algorithmically sophisticated code on the first pass, but I know enough to know when it's time for me to hit the books, and where to start.

Obviously, it would take me longer than someone with prior experience in writing such code! If the overarching question is "does algorithmic fluency constitute a dealbreaker when hiring at certain positions", then I suppose the answer depends on how much longer it would take. I can only speculate on the difference in a flagrantly biased manner, as I would egotistically prefer to believe that I ought to be hired in more cases than not. :-)

Or, if we look through the Dunning-Kruger lens, we may conclude that lack of algorithmic fluency always constitutes a dealbreaker at certain positions, because even if the developer in question can learn on the job, he or she will still make errors and oversights with far-reaching implications that are invisible--unknown unknowns--to the algorithmically illiterate. This feels less plausible to me than the simpler consideration that "learning on the job" may simply be an undesirable speed bump.

I don't really have any concrete points or refutations to make; I'm just fascinated by the issue in general and enjoy exploring the possible angles.

(Also I shall likely just cut the Gordian knot and go play with algorithms until it simply isn't an issue anymore. Go figure)

EDIT: Actually, there is a point I forgot to make:

In your edit you wrote, "So a lot of "self taught" programmers have only taught themselves 10% of what they need to know and never bother learning the other 90%." I think this is the crux of the "good/bad" problem: "what they need to know" is very subjective and dependent on context.

I think it's reasonable to assert that there are programmers out there who have long and satisfying careers, but never learned X, or didn't learn it for many years. Who's to say whether they are "good" or "bad"? It's a judgment, and judgments are meaningless without context: "good programmers need to know X" doesn't really say anything, but "programmers need to know X if they want to Y" does.

You certainly went down this road in your comment, but your Y was "You do need good programmers to scale your product, add features efficiently, and architect solutions without making a crippling mess of your code.", and I feel like lack of fluency in algorithms is just not a surefire indicator of bad architecture skills (among the others you listed) as well.