No. The crap from the 90s was still 90% of comics. It just got louder and more visible because of the collector's market and the hype surrounding creator-owned comics (not all creators are equal).
People complain about the 90s being bad either because, for most people who talk about comics nowadays, its what drove them out of comics (being the straw that broke the camel's back), or because that's when they were introduced to comics (and their tastes have grown since then).