“Remember when the First Lady was an actual lady? “ Uh, no I don’t ever recall her being that. Angry, dismissive, giant chip on her shoulder yeah. The other, not so much. I guess I’d have a chip on my shoulder too if somebody made me work for $300K per year and not really have anything to...............oh, never mind.
The reference is to previous First Ladies who were actual ladies.
It was not a reference to Moochie Obama the current Black Trash resident of the White House.