>>127174614I think he was writing about his status in the folk scene and his earlier Woody Guthrie Jr. persona, and the imposter syndrome he felt being hyped up as the voice of a movement and conflated with the gritty characters he sang about, and his guilt in building that up in the first place. The destitution of the girl in the song is Dylan going electric and burning down the past and finding a mode that's more authentic to him.