Having to proactively raise salaries 10% across the board can easily be the difference between profit and loss for a year. Raising a salary for one person is easy. Raising it across thousands and thousands is not.
It is very difficult for a company to look ahead and say "Hey, maybe inflation is going to be 10% this year so we should raise salaries by a huge amount", especially when all the official numbers are themselves much smaller than that. It was literally only three months ago the Fed was promising up and down that inflation was only going to be transitory. I didn't believe them for a second, but I'm observably faaaar more cynical about governments telling the truth than the average businessperson, and for that matter, the average HN denizen. (At the time, the modal HN position at least by comment posts was indeed that the Fed was correct and anyone who questioned otherwise was wrong at best and possibly a conspiracy theorist.) Do you seriously expect companies to be second-guessing every official news source about inflation?
Not raising a salary for one person is even easier.
I'm referring to this ancient concept of solidarity. If your workers are struggling, you don't reward yourself. You struggle with them. In fact, as CEO you should take a pay CUT, because you're the one that can afford it.
It's pathetic how we normalized executives robbing companies, we truly are morally bankrupt and even defend the behavior.
You can't think clearly about situations if you're just firing emotions off at trigger words.
My point, if you considered it angry, wasn't directed at your personally.