Harsher in Hindsight: Elmo depicted as being a political prisoner, who later hangs himself in his cell. In 2012, Kevin Clash, the puppeteer and voice of Elmo, left Sesame Street amid allegations of molesting underage boys. He didn't get convicted, but it definitely changes the context of the line "Elmo went to wrong fundraiser."
Values Dissonance: This episode is more looked down upon now than it was back then now that Bush has left office and we've grown out of the over-patriotic attitudes of the early 2000s. Of course, back then it wasn't exactly liked by some because of how heavy-handed it was in the political department.
Values Resonance: On the other hand with the election of Donald Trump, some argue that this episode is now more relevant then ever(especially in light of all the controversy over people kneeling during the national anthem at NFL games).