Bubble and Spike Lyrics

Lyric discussion by Ashley1703 

Cover art for Bubble and Spike lyrics by Telefon Tel Aviv

For some reason the lyrics at the bottom don't seem right to me:

Life is beautiful Your smile I can see it that way

But that's how I've seen it posted on other lyric sites as well..

I thought it was:

Life is beautiful In small ways (each day) You take it that way

To me it was 100 times more meaningful with those lyrics..

Can anyone else hear the lyrics I'm hearing?