[Verse 1]
No more champagne and the fireworks are through
Here we are, me and you, feeling lost, I'm feeling blue
It's the end of the party and the morning seems so grey
So, unlike yesterday, now's the time for us to say

[Chorus]
Happy new year, happy new year
May we all have a vision now and then
Of a world where every neighbor is a friend
Happy new year, happy new year
May we all have our hopes, our will to try
If we don't we might as well lay down and die
You and I

[Verse 2]
Sometimes I see how the brave new world arrives
And I see how it thrives in the ashes of our lives
Oh, yes, man is a fool and he thinks he'll be okay
Dragging on, feet of clay, never knowing he's astray
Keeps on going anyway

[Chorus]
Happy new year, happy new year
May we all have a vision now and then
Of a world where every neighbor is a friend
Happy new year, happy new year
May we all have our hopes, our will to try
If we don't we might as well lay down and die
You and I
[Verse 3]
Seems to me now that the dreams we had before
Are all dead, nothing more than confetti on the floor
It's the end of a decade
In another ten years' time who can say what we'll find
What lies waiting down the line in the end of '89

[Chorus]
Happy new year, happy new year
May we all have a vision now and then
Of a world where every neighbor is a friend
Happy new year, happy new year
May we all have our hopes, our will to try
If we don't we might as well lay down and die
You and I, you and I