President Donald Trump declared America is entering a “Golden Age” on Inauguration Day. But as inequality grows, some historians say that the country is in a new Gilded Age.

In Trump's idealized framing, America was at its zenith when top hats and shirtwaists were fashionable and typhoid fever often killed more soldiers than combat.

McKinley, Garfield point the way for the 47th president. President Trump foresees “a period of transition” before his tariffs replicate the Gilded Age economic boom. With opponents warning about that “pain,” he can look to predecessors of that era for guidance on America’s nerves.

In President Donald Trump's idealized framing, the United States was at its zenith in the 1890s, when top hats and shirtwaists were fashionable and typhoid fever often killed more soldiers than combat.

The desire to recreate the Gilded Age is fueled by Trump’s fondness for tariffs. It’s also why he praises the nation’s 25th president, William McKinley, a Republican who was in office from 1897 until being assassinated in 1901.