My ship came in and she sunk it I was the toast of the town and she drunk it I had a run of good luck and she ran it right into the ground And now she's puttin' on a show and I get to play the clown I had the wind in my sails and she took it I had the world by the tail and she shook it I reached out for a life line and she threw me a noose I got the short end of the chicken and she got the golden goose [Chorus: ] She's living it up,and I'm tryin' to live it down Just when I got it all together , it's all about to come unwound Everybody laughin' behind my back, baby sure is a sad old sound She's out there livin it up and I'm trying to live it down I had my ducks in a row and she shot 'em I had my eggs in a basket she dropped 'em I threw her outta the house but she was back like a boomarang Sometimes you get the honey, sometime all you get is the stang [Chorus: ] She's living it up, and I'm tryin' to live it down Just when I got it all together , it's all about to come unwound Everybody laughin' behind my back, baby sure is a sad old sound She's out there livin it up and I'm trying to live it down She's a livin it up and I may never live it down