From the album "Steve Goodman"
This is exactly as Steve recorded it. The story I heard was that he was in a restaurant and got up from his table and got in the path of a waitress. They both moved the same way, stopped, move the other way and Steve said "Would you like to dance?' Returning to his table, he began to jot down the lines for the song.

WOULD YOU LIKE TO LEARN TO DANCE

           D                A
  Would you like to learn to dance?
   G         G/F#    Bm  (bass walkdown-hold G chord to Bm)
  Well, I can show you that
  G                     A               D
  Gotta book here, with all you need to know
  F#                                      Bm        A
  We can draw the Arthur Murray patterns right here on the
  G
  floor.
      C              G      D
  And all ya have to do is follow.
  F#                                 Bm
  And then we'll dance around the room a while
           G              A                D
  You can lead now if you want to, I don't mind.
   F#                      Bm     A     G
  Nothin' I wouldn't do to see you smile
     C                   G               Bm
  Go dancin' 'cross your face in perfect time
  C                   G               D
  Dancin' 'cross your face in perfect time.

Would you like to learn to sing?
I can teach you that
Here's an old tune that's good for the start
You can sing all the high parts if you really try
And I'll play along the tune on my guitar
And then we'll sing together for a little while
Let the harmony go ringin' in your mind
And you sing so much better when you sing with a smile
All the notes come out so sweet and high.
All the notes come out so sweet and high.

Would you like to learn to love?
Well, that's somethin' else again
I can show you how to sing and smile and dance
Oh, I have no key to open your heart
And no way that I could make you take the chance.
And so we'll dance around the room again
And we'll sing a tune or two to pass the time
And smile a lot and if you really want to
We can try a little lovin', I don't mind
Try a little lovin', I don't mind.
I don't mind.