I like that. Of course it basically gilds the truth, these old codgers lied to us with pretty words to make us feel good. I like the old jack webb saying from the "FBI" program, "simply the facts ma'm, simply the facts." da--- da-da-da.
The Gilded Age refers to the period of American history from about 1877 (the end of Reconstruction) to 1917 (US entry into World War I).