"
Ticking away the moments
That make up a dull day
Fritter and waste the hours
In an off-hand way
This lyric is a comment on the fact that most people casually cruise through life, wasting the hours of the day "in an off-hand way". This means people either don't realise they're wasting their time on the earth or they do it with nonchalance, and don't really care that the moments of the day are flying by with nothing important or interesting happening. The use of the word "dull" implies that this is what life is like for most people.