I love this song. I myself was 'just a little deadhead' and was at the Santa Cruz Garden Mall when the '89 quake hit. The wrecking ball was busy for months removing all the historic buidings from our downtown afterward. Ford's dept store almost fell on me. so this song always blows me away when I hear it.
actually it's a totally different song...Emmylou covered the Neil Young track. Gillian Welch wrote this song. I think with David Rawlings. Same title, different song.
To me this is the height of songwriting and melody and lyrics and...Wow. Every time.