Meaning of "We're Comin' Out" by The Replacements

The repeated phrase "One more chance to get it all wrong" suggests a cycle of missteps and failures that the singer is experiencing. Despite the constant chances to make things right, there is a feeling of resignation and acceptance of the possibility of making mistakes. The phrase "We're comin' out" can be interpreted as a declaration of resilience and determination to face challenges head-on, even if it means facing the consequences of past actions. The overall message seems to be about embracing imperfection, learning from failures, and ultimately coming out stronger on the other side.