[The term "gilded age" was coined by Mark Twain and Charles Dudley
Warner in their 1870s book of the same name. It is a satire on the crass materialism of the industrial magnates and political malfeasance of the age. See pbs.org for more info] - Incidently, the book is available from amazon.com
Yoshi Tsurumi, Professor of International Business at Barauch College, City University of New York has recently written a piece about President George Bush and the Guilded Age. There is more to George Bush than just being a "wartime" president.
Something really strange has happened to the U.S. under the Bush Administration. With her ever bulging budget deficits and foreign debts, America's skewed income distribution is rapidly making the U.S. resemble Argentina or Mexico. The "Jobless Recovery" is not a political mirage, but a serious problem. America's GDP is increasing at an annual rate of about 4.0% this year. But, only those Wall Street "money gamers" and self-dealing "management aristocrats" of Corporate America are dizzy with their huge bonuses, padded salaries, and self-dealt stock options. The remaining hard working Americans cannot eat "GDP." The U.S. has widening income gap between a few "haves" and many "have-nots."