Last week, Jeremy Corbyn announced that a future Labour Government would pay 16 and 17 year-olds a £10 hourly minimum wage. A decade ago, when youth unemployment had soared under the last Labour Government, such a proposal would have been rightly criticised by everyone as stopping young people getting into work. Now, a decade later and with youth unemployment having halved under the Conservatives, such a proposal may be seen as eye-catching by those too young to remember the economic damage that Labour always do when in government. This ‘policy’ is of course a cynical bribe (with non-existent money) to get a few more votes and has no sound basis in economics whatsoever. As well as obviously hiking up youth unemployment, it seriously risks the viability of much sought-after apprenticeships. The numbers are just made up as they go along.