What is This?

The depressing this is
that that
this is depressing all of it

That that this is better now
if this is really that
and if it’s that is where you stand

That is, that is,
I really think
this is what is that is
unless it’s that which is what is
and what is that is this

“It is what it is” understates the matter
but fits on a bumper sticker