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Forbes quietly confirmed what patriotic skeptics already suspected: even the cost of living like a super-rich elite climbed to a new high in 2025, despite the tax changes championed by President Trump. The story reads like a whine from the meritless class—billionaires paid more for racehorses, private jets, and caviar last year, but they still walked away richer and freer to spend their money as they see fit.
The magazine’s Cost of Living Extremely Well Index, CLEWI, jumped 5.5% in 2025—nearly double the broader Consumer Price Index increase of 2.7%—which is a polite way of telling readers that luxury markets move to their own beat. That gap isn’t a scandal; it’s proof that when people have money, demand for unique goods and services rises, and markets respond.
Forbes breaks down the specifics that made billionaires reach for their checkbooks: the average yearling at the Keeneland sale climbed to roughly $647,522, private jets rose in price, and a kilo of top-tier Ossetra caviar climbed nearly 9%. These are the vanity metrics of the global wealthy, not the bread-and-butter costs that worry hardworking Americans, yet the left treats every uptick as an indictment of success.
The same Forbes piece even points out a predictable outcome of pro-growth tax policy: a provision in what they called Trump’s “big, beautiful bill” encouraged wealthier buyers to accelerate spending by allowing first-year write-offs for purchases like racehorses. Conservatives should celebrate policy that reduces tax friction and stimulates legitimate transactions, while the other side laments the consequences of prosperity.
If anyone needed a reminder that wealth creation is flourishing under policies that favor growth, Forbes reports 3,148 billionaires holding a record $18.7 trillion in combined wealth, with more centibillionaires than ever before. That kind of private capital translates into jobs, innovation, and philanthropic investments that benefit communities across the country—things no Washington bureaucrat can manufacture with taxpayer dollars.
Yes, some luxury costs eased or stayed flat—bespoke shirts and sheets barely budged—but the larger point is this: a booming upper tier doesn’t mean ordinary Americans are doomed, and it certainly doesn’t justify punitive taxing or envy-driven policy. The real debate should be about how to grow the pie so more families can prosper, not how to punish success because it makes people uncomfortable.
The media’s fascination with billionaire inflation is mostly performative outrage. Conservative readers know that lower taxes and freer markets work; they lift living standards and create opportunity, even if a few overpaid consultants and cable anchors prefer to virtue-signal instead. It’s time to double down on policies that reward risk, hard work, and investment rather than join the chorus demanding retribution for the very prosperity that makes America exceptional.
Hardworking Americans deserve a government that unleashes opportunity, not one that scapegoats success to score cheap political points. Let the left keep their outrage and envy—true patriots will keep building, investing, and expanding the American dream for the next generation.
