Lead singer Conor Oberst told Rolling Stone magazine that this song is about being as present as you can. In the May 3, 2007 issue, he said: "In the past I've been obsessed with things that have already happened, are going to happen or might happen. And I've gotten used to the fact that there seems to always be someplace I'd rather be."
"I Just Wanna Love U (Give It 2 Me) " borrows four bars from Notorious B.I.G's "The World Is Filled." Jay-Z and Biggie Smalls attended Westinghouse Career and Technical Education High School in Brooklyn, New York at the same time.