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That's not exactly what I am saying. It's more that there isn't yet a consensus of what the root problem is. There are a lot of theories, sure, like yours. That's one theory, but, confident though you may be that that is the exact problem, not everyone agrees, or at least they think there's more to it than that.
I think there might be some truth to your theory, but I don't agree with the idea that these people are essentially doing fine, but they've been brainwashed into thinking they're not doing fine. That it's all just a result of some kind of mass hypnosis. That kind of erases the very real problems that many of these people do face.
One thing we can all agree on is that the problem that upsets voters has nothing to do with lack of healthcare, inability to purchase a first home, lack of a decent social safety net nor anything to do with inflation, money in politics or dark money corporate pak donations