While Grant-Lee Phillips's writing certainly leaves plenty of room for individual interpretation, he's also direct enough that lines such as:
"Nevermind the words that came
Out of my mouth when all that I could feel was pain
The difference in the two of us
Comes down to the way
You rise over things I just put down"
In the context of the rest of the song seem to indicate he might have either lost or thought he was losing a friendship or relationship due to suffering an episode of depression (most likely a friendship as he is still married to the same woman.)
While Grant-Lee Phillips's writing certainly leaves plenty of room for individual interpretation, he's also direct enough that lines such as:
"Nevermind the words that came Out of my mouth when all that I could feel was pain The difference in the two of us Comes down to the way You rise over things I just put down"
In the context of the rest of the song seem to indicate he might have either lost or thought he was losing a friendship or relationship due to suffering an episode of depression (most likely a friendship as he is still married to the same woman.)
See his comments on his latest album and lyrics: https://sinceileftyoublog.tumblr.com/post/686586294881697792/grant-lee-phillips-interview-a-great-deal-of