The song "Two Out of Three Ain't Bad" was written in direct response to actress Mimi Kennedy asking Jim Steinman whether he could write a simple song like Elvis Presley's "I Want You, I Need You, I Love You". Todd Rundgren identifies how the song was influenced by the Eagles, who were successful at the time. The producer also highlights the "underlying humor in the lyrics," citing the line "There ain't no Coupe de Ville hiding at the bottom of a Cracker Jack box." He says you could "get away" with that lyric only "in a Meat Loaf song."