Yes, real wages have been on the rise for the past few years. With the exception of the somewhat artificial COVID peak, median real wages are the highest on record: https://fred.stlouisfed.org/series/LES1252881600Q
Rent as percentage of income is up. Groceries as percentage of income is up. Medical insurance as percentage of income is up. etc.
People aren't stupid. They can see and feel this.
Yes, it's nice that computers and phones are super cheap and powerful. That doesn't help people eat.
It was nice, but that's quickly changing now that the consumer market is being ignored by chip makers who'd rather sell to companies building data centers
A lot of major necessities like healthcare and housing have outpaced CPI.
Unnecessary stuff (electronics, appliances, other tech) did not, and generally it is becoming cheaper (Planned obsolescence is another topic though...)
With the backdrop of it coming from the organization that is supposedly supposed to be managing inflation... :P
https://time.com/5888024/50-trillion-income-inequality-ameri...