I'm sorry but I think you may both be wrong. Klaus Nomi was alive during the Cold War, and I think this song and Total Eclipse (also by him) have a meaning that works together.
In Total Eclipse he seems to sing about how mankind will be destroyed by the war simply due to corruption and vile human conduct. In this, however, he says there is hope - even if the selfish politicians jeopardize our existence with a nuclear war, we will live on, even if to do so we have to be irradiated freaks living in radioactive castles and air.
I'm sorry but I think you may both be wrong. Klaus Nomi was alive during the Cold War, and I think this song and Total Eclipse (also by him) have a meaning that works together.
In Total Eclipse he seems to sing about how mankind will be destroyed by the war simply due to corruption and vile human conduct. In this, however, he says there is hope - even if the selfish politicians jeopardize our existence with a nuclear war, we will live on, even if to do so we have to be irradiated freaks living in radioactive castles and air.