Putting aside the fact how little the median citizen earned more in wages in comparison to the prices going up:

No, of course not. However it's not just the games and the console that we're talking about. We're talking about them monetizing every single bit more and more, especially adding subscriptions and taking away ownership. In regards to Nintendo at least they still ship real cartridges with the working game on them, but any digital purchase is neither owned by you nor can be preserved without the help of hackers. They try to continuously make money while giving less and then on top of that the prices went up.

Not to mention their patent troll, anti-preservation and fangame-killing practices. Just in case anyone wants to argue for the company being "not as bad as others" or sth.