I reckon it's about what he says at the start; misogyny. I can't see much for gay panic but maybe fiscal irresponsibility? For those who don't know, misogyny has something to do with lack of respect or prejudice for women. And a lot of the lyrics reference a deep lack of respect for women. Ride on bo's hose? going down like growing an extra chromosome (reference to down syndrome), swallow bitch, there's people starving in Africa? all thst is misogyny