Tell me baby do you slut recognize me?
Well it's been a year, it doesn't surprise me

from Wham! – Last Christmas (Single Version) Lyrics on Rap Genius

Meaning

He notices an ex-lover from across the room, and wonders if this person notices him too. Apparently the person doesn’t, and he understands because it’s been a year since they last saw each other.

Because George Michael was still in the closet while he wrote this song, most people think it is about a girl but for all we know it could’ve easily been written for a guy instead.

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