Peaceman, I agree that both parties are to blame.
You're missing the stark reality that the People are responsible for keeping in check Congress (and all of govt). Hence, if you want to (foolishly) rank generations, you must hold each one accountable for what they let government get away with. You can't tout accomplishments without weighing them against failings.
And you don't know the first thing about gold ownership and the dollar. The unConstitiutional destruction of our currency being the biggest hidden taxation in history, ruining the economy (not saving it). Monetary savings should INCREASE in buying power, which they did from the start of the Republic until 1913 (creation of the Fed) .