Sorry, I assumed this statement you made was correct: "real wages have only increased 2% annualized since 2019." A 3% increase over 5 years is not bad at all.

Sorry, I assumed this statement you made was correct: "real wages have only increased 2% annualized since 2019." A 3% increase over 5 years is not bad at all. Go look at historical data or data from other places if you would like more information.