"Type 'EventEmitter' is not generic" ERROR in angular

For me, VS code IDE V1.60.0 has added automatically this code:

import { EventEmitter } from 'stream';

However, it is wrong and you should replace it with this

import { EventEmitter } from '@angular/core';

You are probably using the node native EventEmitter from node/index.d.ts i.e.

import { EventEmitter } from 'events';

Fix

Change the import to the one from angular:

import { EventEmitter } from '@angular/core';