Nancy Sinatra joined the Attack Records family with the 2004 self-titled release, "Nancy Sinatra". She contacted artists that she and her daughters admire such as Morrissey, Jarvis Cocker, and Thurston Moore among others and found that these artists were also fans of hers and were eager to collaborate with her on the new album.

This song is U2's contribution to the album. Bono and The Edge wrote the song and Adam Clayton and Larry Mullen provided bass and drums on the recording.

The song is a beautiful slow jazzy ballad in which the lyrics compare the good things in life as shots of "happy" and the harsh moments as shots of "sad".