Lyrics:

With my best buddy by my side, we'd sing, sing, sing...

I'm a lumberjack and I'm okay,
I sleep all night and I work all day.
(He's a lumberjack and he's okay,
he sleeps all night and he works all day)

I cut down trees, I eat my lunch, I go to the lavatory,
On Wednesdays I go shopping, and have buttered scones for tea.
(He cuts down trees, he eats his lunch, he goes to the lavatory,
On Wednesdays he goes shopping, and has buttered scones for tea)

I'm a lumberjack and I'm okay,
I sleep all night and I work all day.

I cut down trees, I skip and jump, I like to press wild flowers,
I put on women's clothing and hang around in bars.
(He cuts down trees, he skips and jumps, he likes to press wild flowers
He puts on women's clothing and hangs around in bars??)

I'm a lumberjack and I'm okay,
I sleep all night and I work all day.

I cut down trees, I wear high heels, suspenders and a bra.
I wish I'd been a girly, just like my dear Papa.
(He cuts down trees, he wears high heels, suspenders? and a bra???)
(girlfriend: I thought you were so rugged! oh, you!!)

(walks out)

He's a lumberjack and he's okay,
he sleeps all night and he works all day.
He's a lumberjack and he's okaaaaaaaaaaaaaaaaaay.....
he sleeps all night and he works all day