Lyric discussion by bobbyjames 

What this song is really about is: I remember reading that the title came from a piece of Chinese propaganda that the Chinese government put out after Tiananmen square, that had a first line that translated to read "the shiny happy people holding hands", which always lead me to believe that the entire song was not only meant to be sarcastic, but it was meant to be almost bitterly so. Simply put, a song to mock the overly happy fits of lunacy that people put out to mask real life problems.

Unfortunately for REM, the song became what it was mocking.

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