You can only speak about the economy of your location because, in some countries, the situation might be the opposite. In my country, the economy has become worse. I remember those days when there were foods/feed that were reserved for animals because we had enough supply of food. Currently, those foods are now consumed by even the middle class. It was difficult to hear news of people who died of hunger, but today thousands are dying because of starvation. The problem is the gap between the poor and the rich has widened, and the middle class is non-existent.
In terms of education, technology and health care, there has been a massive improvement. Painfully, only the rich can access the best services. They are now very expensive. We used to have free public quality healthcare and secondary school education, but today, they are poorly equipped and funded. Only the rich can afford good hospitals and schools. I prefer to go back to the past because life has become hard, fearful and unpredictable.
I agree with your opinion, because I can relate as well. Every year that passes is progressively worse for the economy; we're moving backwards instead of evolving. However, from what I understand, the OP is referring at a global level. I recall seeing a short documentary a few months ago that showed with statistics that the world is actually getting better (at least up to 2021–2022), even though the media doesn't portray it that way. On the one hand, I agree, the evolution of medicine and technology has broadened our horizons, but on the other hand, I've come to believe that the past few years after Covid have gotten progressively worse.