Really and the 8 years of the Clinton administration who reappointed Greenspan have no hand in this. Especially since the dot com bubble happened during the democrats admin.
The economy has been going downhill for decades.
It's called the business cycle and the democratic congress of the last 2 years and the fully democratic controlled government of the last 4 months has only exacerbated the economic decline.
To pin this blame on the Republicans is ridiculous. I would much rather have the republican's poor spending policies over the current steroid driven spending the democrats have in place.
Look at total credit to GDP trends. We didn't get her since January. This has been building for decades. Worst culprits were Reagan (ok we were trying to win the cold war), Bush 1, and Bush 2. It sort of leveled out under Clinton. Bush 2 was completely and totally out of control.
In the "business cycle" credit expands for a few years and then contracts. This is a long term secular trend upwards in financial degeneracy. It is a national disease. Indeed, it is an international one. We finally hit the skids where printing money does not create wealth.
the democratic congress of the last 2 years
Look at the trends man. This has been going on for decades. Democratic congresses, Republican congresses. Indeed, Gingrich dispaired when he discovered that after the Gingrich revolution the pubbies turned out to be as bad as the demonrats.
You want to see the real problem. Look in a mirror. Get over your denial. You will be a better person for it.