I don't think the song is cynical - I think he genuinely means what he says. His personal history sounds like he's been through it and I understand a lot of what he's going through. The fact that it's useful to a lot of quite unsavoury characters (Matt Walsh etc) is, imho, incidental.
However, I can't get on with the lyrics. His argument is that a distant elite are overtaxing 'good people' for the benefit of 'undeserving' people. I don't agree with that and it turns my stomach a bit.
If you're explicitly demonising these people on welfare in one line and then saying "people like me and people like you" as a calls to arms the next, you're coopting the language of solidarity.
Intelligencer had a good piece on this. Especially on the miners/minors bit.
"In fact, last year, every Democrat in Congress voted for legislation that ensured
permanent funding for the Black Lung Disability Trust Fund, which pays out $149 million in benefits for miners suffering from black-lung disease. Joe Biden’s American Rescue Plan, meanwhile,
provided $200 million in new funding for the Mine Safety and Health Administration. Finally,
$4 billion of the Inflation Reduction Act’s clean-energy funding is reserved exclusively for projects in communities with closed coal mines or retired coal power plants so as to provide employment opportunities for jobless miners."
When working people direct their class resentments at “the obese milkin’ welfare,” rich men north (and south) of Richmond make out like bandits.
nymag.com
Ultimately it's a fella who has diagnosed the major failings of American capitalism, but thrown in some prejudice and a very prominent RW conspiracy theory on top. His solution of 'lower taxes' is also, conveniently, the right wing one.
It's a scream into the void, it's not a call to arms.