My Life's in Turnaround (1994)

Super-cute, ultra-low budget comedy about two losers-who-know-it who
want to make a movie just because.  One drives a cab, the other tends
bar, and neither knows the first thing about filmmaking.  The joke, of
course, is that these two New York slackers (Eric Shaeffer and Donal
Lardner Ward) really *did* make a movie, this movie, without even
knowing what it would be about.

Watch for a handful of cameos, including Phoebe Cates who had the
fortune/misfortune of hailing Shaeffer's cab.  In real life and in the
movie.

Hilarious.

Grade: B+