This song is about partying and club drugs in the 1980's. Particularly MDMA and LSD. The old man on the bicycle is a metaphor for drugs that energize the crowd. When he pedals, they are happy. Remember Albert Hofmann's 1943 bicycle trip? https://www.inverse.com/article/14503-bicycle-day-albert-hofmann-lsd-acid-trip "Throw your love around" Share the drugs and the vibe. "Put it in your hands. Take it, take it. There's no time to cry." Take the pills and party until the sun comes up. "Love them, love them" that's ecstasy. "Shiny happy people" yeah everyone is glowing when you're candyflipping. Notice that when the vibe mellows, the old man drinks a glass of orange juice and the party starts up again. Re-dosing. That's also when the music switches from 4/4 to 3/4 time. Remember, folks... taking MDMA and LSD turns you into a bundle of sticks.