That curve, the U-shape in wellbeing across the life cycle, became one of the most reproduced findings in social science. One is about the old: distress in later life is lower than the U-curve led people to expect. The other is about the young, whose mental health, the authors argue, has deteriorated sharply since the mid-2010s. When the horizon draws in, as it does with age, motivation shifts towards emotional meaning in the present. Distress and happiness are different measurements, and a survey that finds less despair at seventy is not the same as one finding more joy.