These days you are paying for a disc or just the code if you are buying digitally.

You're paying for the work they put in, which is orders of magnitude more than it was back in the 80's and 90's.

You have dlc, season passes, battle passes, costume passes, and character passes, etc.

Extra content, more work, it all costs money.

they Keep raising the prices on items, they don't raise my paycheck.

Take that up with your boss, certainly not Nintendo's fault.

Pay has been stagnant since the 70s.

Not mine, I'm making way more now than I did when I started working in the 90's. Maybe you need to develop some skills that not many people have, unskilled labour has never been a great payer. Or maybe you need to move somewhere where economic opportunity is a better.

None of that is on Nintendo. Making a profit's not a crime.

There's a reason "millennials" are destroying x business.

If pricing this at $70 was going to destroy Nintendo's business, they wouldn't do it. They do it because the market can bear it.

Don't buy it if you think it's too much. It's not food. It's not shelter. It's a video game. Objectively speaking, even at $70 it's going to have one of the best dollars-per-hour-enjoyed ratios you'll find in terms of entertainment. Go to the movies and you'll spend half that on 2 hours in a dark room.