No, it's a mockery of those with a need for tolerance and a holiday that doesn't include anyone.
It is the perfect way to make fun of those who have to have a "holiday" (see Holy Day) that doesn't have anything Holy attached to it.
It is the perfect way to make fun of those who want a "tradition" that has no history or traditional activities associated with it.
It is the perfect way to make fun of those who demand "no exclusion" while "celebrating" with the "airing of grievances".
It's a farce and a lark, anyone looking for offense or meaning should look elsewhere. Anyone finding offense or meaning sadly brought it with them.
We are the one's doing the laughing.