You seem to imply that corporate profit margins are low while they are at the highest level in history, which is the other side of the huge government and household deficits. Merchants can keep revenues and lower wages because the rest of the economy is taking money from the future.
The higher corporate profits, the less functional the economy. In a frictionless economy, the corporate profits would be in rapid tending towards zero. What we currently see is the opposite. The guardians of liberty have failed big time.