In terms of the song's meaning Arnold has said:
"That song seems like it's really just kind of like asking a question. Its question is kind of a strange one. It's not just asking, “If I fall down, will you be there for me?” Because it's easy to be there for someone when they're down. But it's not always easy to be there for somebody when they're doing good. And that's the question it's asking. It's like, “If I go crazy, will you still call me Superman?” It's asking, “If I'm down, will you still be there for me?” But at the same time, “If I'm alive and well, will you be there holding my hand?” That's kind of asking, “If I'm doing good, will you be there for me? Will you not be jealous of me?” That's the basic question that song's asking, and maybe throughout the years of singing that song, I might have come up with more meanings for it than it actually might have originally had."