for whom?
Us? still making more money than we ever were before. to take a line from Watchmen: "what happened to the American dream?" "What happened to it? It came true." should we scale back? absolutely. but terrible it is not.
The world as a whole? every major statistic says otherwise. numbers of wars and deaths of all kinds are down. prosperity is up. etc etc.
The ME? I have a hard time arguing this, but it hasn't really gotten all that worse over there. difference is they have started exporting their inter-tribal warfare to the world. did we cause it, sure for the sake of argument. but again it hasn't gotten worse.