I remember back in about 1990 Australian TV comedy was obsessed with political, topical humour. I remember making the remark at the time, when someone did a sketch about the pilots' strike, "see if you can get a Brazilian to laugh at that in six months."
I'm aware I'm being pretty harsh on this, but basically it's a piece of very topical political satire with a short, fairly catchy tune - and that's it. It's already not funny. Eventually it'll be as funny as if someone did a flash animation about Jimmy Carter hitting a rabbit with a canoe paddle (he actually did that, apparently. Isn't that a riot?)
It's not outright bad, but it's destined for oblivion. Gets a half star because the music is ok.
NB: FWIW, if I were American I wouldn't be a Republican, so that has nothing to do with it.