Arcade Fire's "Ready to Start"

A couple days ago I listened to Arcade Fire's The Suburbs, and I noticed that some lines in "Ready to Start" are a reference to "The Emperor's New Clothes."  It's "All the kids have always known / That the emperor wears no clothes."  I dug out a copy of "The Emperor's New Clothes" (the nearest to hand was actually a German version from one of my college textbooks), and in it some weavers (who work with the most marvelous material) tell the king that whoever does bad work, isn't fit for his office, or is dumb or lazy can't see their material, but whoever is clever and hard-working and is fit  for his office can see their material.  They make a show of creating clothes for the emperor, and the emperor's ministers (and later the emperor himself) act as if they can see the material because they don't want to be considered unfit for their positions.  The emperor parades through the town supposedly wearing his new clothes but in reality wearing nothing, and the same thing happens with the people: the act like they can see his wonderful new clothes just so that they'll be considered clever, hard-working people.  But then a child says, "The king isn't wearing any clothes!" and the truth spreads through the crowd.