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The small-scale, temporary program warrants a vigorous trial run.
A temporary program created in 1987 was found to be unworkable.
And finally, as I said earlier, this is a temporary program, not a permanent one.
It would be easy to announce this as a temporary program if needed to calm depositors.
"All I can say is that this is a temporary program, it was always intended as a temporary program, and at a certain point all temporary programs must end," said Brent Colburn, the agency's director of external affairs.
Maybe some good old-fashioned American innovation will ensure that TRIA, initially sold as a temporary program, stays expired.
He also urged officials in Washington to consider a temporary program giving illegal Honduran immigrants legal status.
Four years ago, Congress created a temporary program of emergency federal benefits that supplements the state benefits.
First, Mr. Mousseau said, Congress should bring back Build America Bonds, the temporary program created during the credit crisis to raise money for new infrastructure projects.
In 2008, Congress added another section, for more fuel-efficient cars, and a year later created a temporary program to encourage renewable energy and electrical transmission projects.
Of late, Europe's bank funding gap has been filled largely by the European Central Bank's temporary program of cheap, three-year loans to European banks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com