Lyric discussion by spaceotter 

I always thought it was "us women" because of the nature of the song, but it probably is "I'm swimming", which also makes sense, albeit less on-the-nose (it is called Swimsuit Issue...). Fascinating song to listen to now, in the era of Weinstein and Trump; SY were always so far ahead of their time, both musically and lyrically.

An error occured.