Kevin Warsh is pushing back against the current Fed approach, arguing they shouldn't hurt Main Street to save Wall Street. The article highlights how high interest rates crushed the trucking industry. While the Fed tried to cool the labor market to stop inflation, driver wages were actually lagging behind inflation. Manufacturing hit a record slump with 35 months of contraction, and high mortgage rates tanked housing starts. This killed demand for moving raw materials and finished goods. Warsh wants to lower rates and shrink the balance sheet to support small businesses. There is some optimism with new manufacturing plants from John Deere and First Solar, but fleets are remaining cautious about expanding.