Lyric discussion by Malapropism 

Cough syrup tends to have a bad taste, but once you get it down, it makes you feel better. I think the narrator is facing a lot of problems/difficulties in life, but he knows that once he gets through them (or the "cough syrup come[s] down"), life will be better; he will feel better. Essentially, life's too short to worry about the bad times when they'll always be good times that follow.

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