Lyric discussion by sunshipballoons 

I've always interpreted the song to be about political activism, i.e., that the character in the song was involved in some sort of undefined frowned-upon radical activities. The song is on Paul Simon's eponymous solo debut, which was released in 1970, so it's a likely time to write a song summing up the entrenched opposition to late-'60s/early-'70s political radicalism. Simon's repeated insistence that he doesn't know what "me and Julio" were doing is consistent with the view that the precise activities were undefined.

I think that the other person in the song was "Julio" to reflect the era's changing racial makeup of Kew Gardens in Queens, where Simon grew up.

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