The Smiths Tribute NYC performs The Smiths' "You've Got Everything Now" at Bowery Ballroom in New York City on April 18, 2023. Music by Johnny Marr, Lyrics by Morrissey.
The song is the second track on the band's self-titled debut, produced by John Porter.
In an interview with David Jensen in 1983, Morrissey explained the song was about his formative years and seeing his classmates grow up:
"It's a throwback to when I was at school. I was quite advanced when I was at school. When I left school, it seemed that all these really oafish clods from school were making tremendous progress and had wonderfully large cars and lots of money. I seemed to be constantly waiting for a bus that never came. It seemed as though although I had the brains, I really didn't have anything else."