This has aged well. Replace “Reagan” with…

They tell us a story of lying
Of lying & of murder too
To whom is this tale mystifying
Not’me boys perhaps 'tis to you

They’re telling us a story of Reagan, boys
Our President so bold & so true
How can he be a false killer–
When he’s wrapped in the red, white & blue?

Rapped in the red, white & blue, boys
Rapt in the red, white & blue
A man of the movies, a starlet
He’s just an asshole like you

Yes, he’s just an asshole likе you boys
Yes, he’s just an asshole likе you
You 'lected him in 1980
And dunce more in '84 too

O my, O my he’s a liar
As if you didn’ even know
He’s killed many people off welfare
Nicaragua, Grenada, much mo’

He smiles when he gives you the shaft, lad
He smiles when he gives ya the shaft (ha-ha)
If you think he cares about poor folks
Well then I surmise that you’re daft

He always finds money for war, girls
He always finds money for death
He’ll fight for the rights of the rich, boys
He’ll fight for them 'til your last breath

So here’s to President Reagan, boys
To Ollie, to Dick & to Cap
To some they’re All American Heroes
To me they’re just murderous crap

So here’s to Dumbo Ron Reagan, boys
To Ollie, to Fawn & to Cap
To some they’re All American Heroes
To us they’re American crap