Price rises are one thing but quality seems to be going in the other direction just as fast, not just tools and machinery but anything you buy is often borderline shiete if you are lucky.
I think it depends on what you buy. The 18" bandsaw ranges that were about $1200 15 years ago weren't very good. The jet I had was supposed to be improved over the prior version (which was all stamped, and lightly built in spots despite being almost 400 pounds - just shortcuts in areas where there shouldn't have been). The tables were little and the fences on saws like that were all extruded aluminum and the tensioning systems matched the technology on sears saws that used bands the size of dental floss (just bigger springs and knobs).
Resaw height was also low (often 10" on bigger saws, and mine at 12.5" was high for the time).
However, my 18" saw that was "upgraded" from the prior version with cast parts in key places had a wheel that was almost (the casting and centering) .01" out of round, which caused the saw to knock the top guides loose and leave grooves in anything sawn about 5 thousandths deep plus regular error.
If the saws now are much worse than that, I'd be surprised. Jet was supposed to be one of the brands safer than the lower tier types. I didn't know about the out of roundness or why the saw didn't stay set for long until selling it and measuring it for the guy buying it. I had to take another $200 off when I saw that (I'd have literally put duct tape over the tire on the short side of the wheel had I noticed earlier.
The jobsite stuff may not be any better, but it's closer to the same cost (a decent site saw a dozen years ago here was about $500, and that's about the same now - I think I paid about $500 for a bosch 4100 in the early 2010s and they're $599 now. It's no prize (the original one that I have), but it cuts wood.
Basic saws having a large cast resaw fence (most had smaller tables when I got mine, too, or nonfunctional bits like short in depth tables but that went all the way to the inside post on grizzly saws) were non-existent (you had to spend another several hundred dollars to buy one of the aftermarket cast fence setups. What a pain!!
In 2006 when I jumped into this hobby, there was a lot more talk of how to get something to work better and less talk of sending back, though. The american blue forum had lots of reports of grizzly tools arriving with rust, which was rectified by the forum being "non-competitive for advertisers" and locking threads where more than one person complained about the issue.