Better Off Now Than 5 Years Ago?

by: Paul Kedrosky

I normally disregard these "Are you better off now than you were X years/months/minutes/seconds ago"? surveys. They are usually selective, small sample, tough to generalize, etc.

But that said, this Pew summary of 40 years of such surveys among the middle-class in America is remarkable:

We are at a 40-year low, with most of the emotional carnage having happened in the last six months. That is the sharpest decline in the poll's history.

So, are you better off than five years ago? Worse? Other? Indifferent? Bemused? Do tell.