It is possible that your question could refer to one of three songs:
- The song you are looking for could be called 'in the 80's' by Rhett and Link. The song can be listened to here http://www.youtube.com/watch?v=qj9OEmUr0F8 and is a satirical song portraying life in the '80's, specifically in 1980's America.
- The song you are referring to could also be called 'Kings of rock 'n' roll' by British group Prefab Sprout. The song was written in the 1980's, specifically 1988. The song includes the lyrics "hot dog, jumping frog, Albuquerque" in the chorus. The song is about a failed musician from the 1950's, whose only claim to fame is the song titled, "hot dog, jumping frog, Albuquerque". This song can be listened to here http://www.youtube.com/watch?v=4T6e3GJCjow&playnext=1&list=PL79523613DB8DF329.
- Finally the song you are referring to could be a song called Albuquerque, written by Weird Al Yankovic, however this song was not written in the 1980's but was written in 1998 and released in 1999. The song is another satirical song parodying the musical style of The Rugburns and Mojo Nixon. These acts were typically known for their narrative style of music, where spoken word would be said over the top of driving rock music. The song is about the life of someone who won a one-way ticket to Albuquerque and moved there. As the narration unravels we hear more about the characters story and amusing life in Albuquerque. If you would like to listen to this song then you can hear it here http://www.youtube.com/watch?v=pEDbhhP5uFw. Weird Al Yankovic is known for his satirical songs, parodying acts such as Nirvana and Avril Lavigne. His songs are often used to comment on the comedic nature of a particular song or lyric.