The second is that big drugs firms are doing less research themselves and licensing more from smaller outfits.
This could be made good by delaying retirement and licensing more foreign doctors (many now work as taxi drivers in Montreal or janitors in Toronto).
The other mooted measures are woefully familiar: licensing more casinos (even Chicago's mayor, Richard Daley, has warmed to the idea); securitising the expected proceeds from a tobacco settlement; and, most predictable of all, getting more money from Washington.
But instead of licensing more cabs and mitigating the disparity between license rates for V.T.C.s and traditional cars — as a driver from the Force Ouvrière union put it last week, "We pay 230,000 for a license.
But Sarandos was being honest — HBO was going to move into the streaming business, and Netflix needed to make itself more of a destination by producing and licensing more original content.
Mr. Spitzer and his administration argue that licensing more people would not only make the roads safer, it might result in a lowering of New York's high automobile insurance rates.
