Ok it's a very subjective question and I am not sure I know the answer.
The aggregate of great songs from the last 60 years is always likely to sound better than than a snapshot of current output.
But I struggle to name one great song from the last ten years, but maybe I an old fart.
However I think it is now likely there is a great deal less money in pure songwriting than there was twenty years ago before the advent of web based downloads. This could affect the quality.
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