My # 1 criteria for good lyrics is: "Does it impress me on any and/or multiple levels?"
I forgot to mention Billy Bragg in my initial post. I submit the following examples, which all come from the same song ("Accident Waiting To Happen"):
Goodbye and good luck to all the rubbish that you've spoken - Goodbye and good luck to all the promises you've broken - Your life has lost its dignity, its beauty and its passion - You're an accident waiting to happen.
One of these nights you're gonna get caught - It'll give you pregnant pause for thought - You're a dedicated swallower of fascism (KINKS reference)
Time up and time out for all the liberties you've taken - Time up and time out for all the friends that you've forsaken - If you choose to waste away like death is back in fashion - You're an accident waiting to happen.
And my sins are so unoriginal - I have all the self-loathing of a wolf in sheep's clothing - In this carnival of carnivores, Heaven help me.