From the album KILL THE GHOST
This is about the exhaustion of mistaking motion for progress. The speaker thinks they're running toward something better, but the whole song is stuck in retrospection—what you 'could've had,' what you 'could've been.' They're not chasing a future. They're running in place, using perpetual motion to avoid arriving anywhere specific.
It's been a long, long time / Since the snow of December
The song opens already looking backward. December snow is months gone, pine needles are already on the ground. Nothing has started yet and the speaker is already mourning.
Give it all up just to catch a glimpse / Of what you could've had
The object being chased is never named. Not a person, not a dream, just 'it' and 'a glimpse.' The vagueness is the point—specificity would require commitment.
Set the clock back just to catch a glimpse / Of what you could've been
The shift from 'had' to 'been' lands hard. This is not about lost things. It is about lost versions of yourself you never became because you kept running instead of choosing.
Wanna stop and look behind / But sometimes, but sometimes
The speaker thinks they're too busy running to look back. But the entire song IS looking back. They don't realize the exhaustion comes from running in circles, not from running too far forward.
Run for forever, but you cannot find it
The pronoun 'it' stays unnamed through the last line. I'm not sure if that's intentional ambiguity or if the speaker genuinely doesn't know what they're looking for. Either way, the blankness is the problem.
The speaker would be surprised to learn their exhaustion doesn't come from running too far. It comes from refusing to stop long enough to choose one specific thing. This is Silver Jews if David Berman had grown up watching SportsCenter instead of reading poetry—melancholy dressed up as forward motion.