The lyrics speak about a relationship where one person feels like they are constantly being let down and taken advantage of. They are trying to understand why their partner is leaving and why things are falling apart, as their once loyal pony won't go where they want it to anymore.

Meaning of "My Pony Won't Go" by Gordon Lightfoot

The lyrics of "My Pony Won't Go" by Gordon Lightfoot depict a person grappling with the confusion and pain of a deteriorating relationship. The repeated refrain of "gotta make your mind up" emphasizes the theme of indecision and uncertainty within the relationship. The imagery of the pony symbolizes loyalty and reliability, with the speaker feeling betrayed by their partner's departure from the relationship. The lines "You do all the livin' while I do all the givin'" showcases a sense of imbalance and unfairness, where one person feels taken advantage of while the other seems indifferent. The frustration and disbelief are palpable throughout the song as the speaker tries to comprehend why things have gone wrong. Overall, the lyrics paint a picture of a relationship where one person feels neglected and hurt, struggling to come to terms with the end of something once cherished.