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A comment on Analysis finds Australia’s inflation being driven by company profits, not wages. Parent comment

Re:Analysis finds Australia’s inflation being driven by comp... by Khaine on Saturday February 25, 2023 @10:21AM (#34937292)
I didn't think I needed to provide evidence, because it is common sense driven by basic supply and demand.

You want a developer, then if all or nearly all developers are employed you need to offer higher wages to them to defect to your company. If however you can import an immigrant and pay them the same or lower wage (which is better than they get in their home country), then suddenly you don't need to offer a higher wage to local developers.

The fact that I need to explain, and prove, this to supposedly intelligent people is frankly mind boggling.

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Re:Analysis finds Australia’s inflation being driven by comp... by kilburn on Saturday February 25, 2023 @01:17PM (#34938998)
The comment you are replying to provided links that include actual evidence to the contrary.

Your reasoning is acknowledged in those links, and then they explain that this narrative sounds good but the data proves it wrong.

Some things really are mind boggling :)

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