Now, I will concede that in the 90s people did not see the 70s in this way (at least not in general) - not long enough had passed, I think. That's why I suspect that any notion of the 80s being a culturally rich decade comes from the fact that it is now 30-40 years ago, rather than just 10 as it was at the start of the 90s.
This sort of view doesn't have much to do with anyone's experience of the decade as it happened, and I think it doesn't have a lot to do with what actually happened, because in any given decade, there will always be a rich and diverse set of amazing cultural creativity. It comes mostly from time passing, and a new assessment blending with nostalgia for the culture that surrounded as we reach certain ages.