Skip to about 1 hour 4 minutes to watch a classic Reagan Moment (the moment is at about 1:06)
Not very impressive, but apparently people noticed. In the following, go right to the end, about 1 hour 23 minutes :
That Pacific Coast Highway bit is said to be irrelevant and rambling, but actually I thin it’s the best thing Reagan ever said. And subsequently ignored.
Sounds like he forgot to update his script from 1980.