Sounds Like 1980

The first Presidential election I voted in, Jimmy Carter was speechifying about the country being in a malaise.
Voters See A Sinking America
Compared to now, there are some similar cause and effects going on. Some characteristic problems are vastly different. While Carter often stood alone, separate from Congress, he certainly was not guilty of having rammed legislation through that was completely opposed by the other party, and had overstated levels of public support.
As to foreign policy, the two virtually identical, ineffectual, completely without a vision based on the needs of the United States. These person types react to stimuli, predictable stimuli that planning is constructed to augment of circumvent. They don't plan strategy on anything other than political objectives.
Carter has spent the last twenty years blaming Reagan and Israel for many of his problems. He carries grudges against both.
Obama has been blaming Bush since day one.  There is no doubt with me that the left leaning historians will boost the record of President Obama's achievement with the footnote that he was hamstrung by the failures of the previous office holder.
By the way, when it comes to foreign policy, President Clinton pretty much sucked too, but was the beneficiary of some fortuitous
Americans see the country sinking because that is how they are being led.