"Us Placers" was produced by Lupe Fiasco, who initially crafted the song for inclusion within his own mixtape. His intention was to create a mashup mixtape entitled, Us Placers, a hip-hop remake of alternative rock musician Thom Yorke's 2006 solo album, The Eraser, along with a few Radiohead songs. Fiasco originally wanted Kanye West—who also deeply enjoyed Yorke's album—and English hip-hop artist The Streets to appear on the track. However, Streets failed to respond while West sent the song over to Pharrell Williams after laying down a verse. The three enjoyed the collaboration so much that they decided to form their very own group. It was Pharrell who came up with their name, Child Rebel Soldier. According to Fiasco, "It was Pharrell's idea one day in the studio 'cause we're all similar, same likes and same dislikes, same goals and aspirations." Early track-listings for West's third studio album Graduation indicated that he intended to feature the group's song on his album, but it was subsequently not included.
"Us Placers" is an up-tempo hip-hop song. It is set in the time signature of common time with a moderate tempo of 120 beats per minute. It is written in the key of The song contains samples of "The Eraser" by Thom Yorke, incorporating the song's piano loops and a portion of Yorke's vocals for its chorus. It begins with a medium tempo followed by a hesitant piano melody, with chords arranged in the progression of and Lupe uttering, "Yeah, just a lil' bit, just a lil' bit. And it goes..." Lupe, Kanye, and Pharrell then respectively rap the song's three verses over a sparse, pulsating beat. Each verse is organized around a chorus that is provided by the melodic vocal sample. The chorus is coupled with a harmonic hook delivered by Lupe, whose vocals implement overdubbing. During the chorus, the song's chord progression changes to and takes on a more moody, atmospheric sound. The song ends with an echoing reiteration of its piano keys.
Lyrically, "Us Placers" is a meditation on the perils of fame. Lupe's verse depics the over-indulgent lifestyles of rich and famous celebrities. In a stoic voice, he rapidly raps an extensive list of materialistic possessions; including a large mansion, a wardrobe full of exorbitant cloths, Mexican floral arrangers, a big-screen television, and a fifty-foot yacht. Lupe brings his verse to a close by making a declaration regarding the emptiness of opelence. Kanye uses his verse to expound the ephemerality of fame. Citing aspiring participants of reality television programs such as The Real World and American Idol and internet celebrities as examples, he implies the fate of those who become instantly famous if only for a short time. In that once their fifteen minutes of fame are over, they then fade away into obscurity, possibly never to enter the public eye ever again. Pharrell takes a more stream-of-consciousness approach to his verse. He swiftly touches on a series of social issues ranging from greenhouse gases, drug dealers, the will God and troubled youth. Pharrell concludes his verse by exposing the motive behind the Virginia Tech massacre. He states the irony of the suicidal shooter, in that he finally achieved the fame and recognition he sought in life, but isn't alive to see it. After each verse, Yorke's melodious vocals sing a mournful yet defiant chorus that complements the song's concept of the sisyphean pursuit of fame: "The more you try to erase me, the more that I appear."
"Us Placers" received overwhelmingly positive reviews from music critics and was widely regarded as the highlight of the Can't Tell Me Nothing mixtape. Rolling Stone not only cited the song as the best track on the mixtape but also placed it at number forty-three on their list of the 100 Best Songs of 2007. Complimenting the poignant use of the sample as well as the depth of the trio's individual verses, it wrote, "Each brings something wholly new to the other, trading self-effacement and self-possession back and forth until there's no difference between the two. For this 3:53, hip-hop isn't dead, and neither is rock. They're quietly invincible." Thomas Inskeep of Stylus Magazine described "Us Placers" as being both deep and intelligent and praised the dexterity of Pharrell's verse in particular.Toronto Star columnist John Sakamoto wrote that the recording was a "stunning collaboration."Greg Kot of Chicago Tribune stated that the song was brilliant while Entertainment Weekly called it an "instant Internet classic." Luke Lewis of Q Magazine felt it was a shame that "Us Placers" would not be featured on Lupe's then-forthcoming sophomore album, Lupe Fiasco's The Cool, as he believed that the song's guest appearances and lyrical content "all adds up to the most atmospheric, and quietly enthralling, hip-hop track we've heard in a long time." Two years later, while reviewing his Enemy of the State: A Love Story mixtape, Allison Stewart from The Washington Post retrospectively referred to "Us Placers" as "the great '07 track" and commended Lupe's production of the song." At About.com, "Us Placers" was placed at number thirty-two on their list of the Top 100 Rap Songs of 2007 and later at number eighty-three on their 100 Best Rap Songs of the 2000s (decade).
Though the group has yet to release a music video for the "Us Placers", a non-commissioned video was produced by music video director Va$htie. The video features ten-year-old child impersonators standing respectively in for Lupe, Kanye, Pharrell, and Thom Yorke. They illustrate the imagery described in the song's lyrics and hold up cue cards in reference to Bob Dylan's "Subterranean Homesick Blues". Despite its "zero-budget," unofficial nature, the music video was very well received, garnering well over two million views on YouTube alone. It has since gone on to have caught the attention of Kanye West, who expressed his affinity by posting the video up on his official blog.