What does the song Revisionism Street by Bob Seger mean?

The song "Revisionist Street" tells how people like to glorify the past while rejecting change, using the town and people from his youth as an example and how they "haven't changed much." The town from the past is remembered as a perfect environment.

As the singer drives through Revisisionist Street and encounters many things he finds disappointing from a bygone era he realizes these events should remain in the past, and one should live for and in the present."