Except lower class people got the highest increases in wages over the last few years. It's only the top 5% that haven't netted out far ahead, and they're basically at the same level as before.
And how has the cost of living/housing/transportation increased? And not just over 5 years. Over decades. How much more are they actually saving compared to 10 or 20 years ago? The reason why your points are considered "gaslighting" by others is because you are addressing the wrong questions.