What was so "Gay" about The Gay Nineties?

by Tiako

(Understanding that at that time "gay" was used in the sense of happy/jolly, not homosexual)

Where did the early twentieth century nostalgia in America for the 1890s come from? Was it simply a transposition of European nostalgia for the Belle Epoque? Or did people just really love Grover Cleveland and ragtime?

mimicofmodes