This is true even outside the US, western nations seem a hairs breadth away from deciding that they'll vote in the best interests of the rich, the rich who benefit most from climate change, and who by and large caused the most recent price increases.
So the rich get richer at the expense of the typical folk, and the backlash from the greed only serves to further reward the rich, while the typical folk get climate misery.
We do it to ourselves.