most equity is held by the richest americans, while others primarily depend on wages which haven't risen in decades, basically.

also most people aren't employed by large business.

https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us...

https://www.huffpost.com/entry/five-big-myths-about-amer_b_8...

Wages are only one part of compensation. Total compensation has increased faster than inflation over the past decades.

Health insurance costs have increased faster than inflation for decades and is responsible for the total increase in compensation[1].

Workers are not getting more or better benefits. They're getting the same or worse benefits, it's just that health insurance costs for the same plans increase each year at a rate that vastly outpaces inflation.

[1] https://si.wsj.net/public/resources/images/BF-AU065A_INSUR_9...

That's true, but it also contradicts the claim that compensation isn't going up. Sure it's going towards ever more expensive healthcare, but it is going up.

you seem to have both shifted the frame from wages to compensation then defeated a non-existent claim about it, so that seems like a mighty straw man.

Only a third of Americans -have- a 401k, and only 13% have pensions.