Wow, the Power of Positive Drinking! I've never heard this. Happy Lou, sort of.
What does this mean: When I exit, I'll go out gracefully, shot in my hand
(Oh, never mind. He means a shot of whiskey in his hand. Thought this might be some heroin reference, but that would be a different song.)
Oh and Mirror in the Bathroom is a happy fun song? No. (Though I love it)