Wholesale prices rose more than expected in November, and it’s not just another number for economic wonks to debate—it’s another glaring reminder that the Biden administration’s policies have saddled Americans with persistent inflation. According to the Bureau of Labor Statistics, the producer price index (PPI)—which tracks the price changes businesses face—jumped 3% year-over-year, outpacing the 2.6% rise that economists had predicted. Even “core” prices, excluding volatile food and energy costs, climbed 3.4%, up from October’s 3.1% increase. This marks the highest year-over-year jump since early 2023, sending a clear message: inflation isn’t going anywhere fast.
Wall Street economists like Nationwide’s Oren Klachkin and Capital Economics’ Paul Ashworth were quick to sugarcoat the data, emphasizing that the numbers don’t indicate a new inflation surge. Sure, there might not be a “surge,” but who needs a tidal wave when the floodwaters of Bidenomics are still knee-deep? Inflation is dragging its feet on the way to the Federal Reserve’s 2% target, leaving everyday Americans wondering why their grocery bills and utility costs feel like a luxury.
The Federal Reserve has been patting itself on the back for the so-called progress in lowering inflation. But as BlackRock’s Rick Rieder noted, “the bulk of this progress is behind us now,” meaning the road ahead is far from smooth. For regular folks, that translates to continued higher costs and fewer breaks in sight. Meanwhile, the political class seems content to act like a 3% PPI rise is just a “bump” on the journey to economic stability. Of course, it’s easy to downplay inflation when your pantry isn’t stocked with $6 eggs and $5 bread.
This economic drag is the predictable result of policies that prioritize government expansion and climate crusades over fiscal responsibility. Democrats seem more interested in subsidizing green boondoggles and issuing student loan bailouts than addressing the real issue: runaway spending. Inflation doesn’t “stick” by accident—it’s glued to the reckless economic choices made by those in power.
What’s truly rich is watching Democrats and their media cheerleaders try to spin this as progress. They’ll say the numbers show the system is “cooling.” Maybe it’s cooling for economists in ivory towers, but for middle-class families, it feels like their wallets are being lit on fire. While liberals obsess over whether the Fed will cut rates, conservative Americans are left to clean up the mess of inflationary policies driven by overregulation and reckless spending.
The truth is, inflation is sticky because Democrats won’t get out of the way. Under a Trump administration—or any other leader willing to prioritize fiscal sanity over socialist experiments—this wouldn’t even be a conversation. Lower taxes, streamlined regulations, and pro-growth policies would crush inflation in no time. Democrats might call it a “bumpy journey,” but the only bumps they’re really worried about are the ones on their polling numbers. Conservatives understand that the solution isn’t more government—it’s more freedom. And if inflation is the price of liberal leadership, Americans can’t afford another round.
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