In my opinion, things are gradually getting better, not as bad as you and OP are feeling. Inflation peaked in 2022 and is gradually decreasing until now, the war between Ukraine and Russia is still ongoing but it is clear that the world is gradually adapting and no longer cares about them as much as before.
I'm not saying the economy has fully recovered but things have improved a lot since the peak of inflation and that's why many countries have started gradually reducing interest rates.
Additionally, there may be differences in each country due to different government policies, but it can be said that the overall situation is gradually getting better, not worse.
The thing is, life is more expensive nowadays, but life is better as well. Just think about it, if a king wanted to visit USA, from UK, even just 100 years ago, they would have to deal with so much, and it would have been such a huge trouble, you could be literally OWNER of a nation, which most kings were titled as, and you still wouldn't be able to get as comfortable as some normal passenger who buys an economy ticket on a plane today.
So, while things are more expensive and we feel poor, that's a little bit because of comparison, because while we are living better than kings of their time, we are also living much worse than kings of our time, so we need to just compare the history. So, when someone asks me "is economy that bad" I ask, compared to what? What is good and what is bad?
If you wish for a "good" that never happened before, it is not going to happen now, we are not going to have every human in the world with free house, free clothing, free food, free education and free healthcare. That's basic human needs, and some people do not have them, hell even I need some new clothes lol, but I am too lazy to go buy some that's another subject. So all in all, I think it's quite clear that we are doing bad compared to rich people, but we are doing much better compared to poor people of the past.