Team GB's Nathan Bailey, the only male entrant in the men's trampoline on Saturday, was ecstatic.

Only a college entrant himself or herself can purchase a preferential railway ticket via his or her letter of admission. Other people accompanying him or her are not entitled to enjoy the discounted price.

Put simply, every new labor force entrant would be equipped with a lifelong individual account, thereby accumulating points in the same way airline travelers accumulate miles. They would earn them by working in both the private and public sector.

After all, how many employers would not prefer a fresh entrant into the labor force to someone who has been out of work for years? The simple fact that an economy had recently undergone a period of mass unemployment made it difficult to recover levels of growth and employment that are often attained as a matter of course.