Yes. That is what they are intending.
My thought is that what is driving this amongst the billionaire class is that they are losing their relative prestige because the lives that they lead are becoming too accessible to us, which causes them to lose their status. So, by removing our ability to fly and drive and eat meat and drink coffee, it keeps their lives special.
I think that is what is driving this, at least in part. The billionaire class has an internal need to be special and to be able to do things that we cannot.
I don’t know if I agree with all of that - there are lots of very wealthy people who don’t think that way.
What puzzles me is that the ones who do don’t seem to realize that if they hobble and destroy the middle and working classes, there will be nobody to support their luxuries.
Bingo! You’ve hit the nail on the head. The peasants can afford too many nice things. So their solution is to take nice things away from the peasants so that only they - the aristocrats - may enjoy such things. Don’t forget only they and their bodyguards are to own guns. Those must be taken away from the peasants as well.
All the Save Da Erf! stuff are just modern sumptuary laws. The elites think the peasants have gotten above their station and want to push them back down.