My wife found another recording of this song (http://www.iss-alums.net/tauxe/1957/27%20Barefoot!.mp3), and some of the words were clearer on this recording, so below is an update on the lyrics to Barefoot. Note that the referenced version did not end with "Yes, sir!" but I like that as the ending, so I am leaving it.

Dave

Barefoot
-        arranged by C. Naylor

We here tell the world's a simmerin' and a stewin' (a stewin'),
And yer radio fellers say it's come to go to pot.
Seems a pity, such a shame, but we figure what's to blame
No one's thinking right because their feet's too hot.

Chorus

Wider Jones been chasin' after Hyrum Dickers
He outrun her every time for nigh on 20 years
We sure never thought he'd lose, but she caught him wearing shoes.
Now his life is filled with sadness and with tears.

Chorus

Comes a rainstorm folks will have to look for rubbers.
It's a pitiful waste of time for sure and goodness knows
We'll go barefoot 'til were dead 'cause we want to get ahead.
'Sides it helps to keep a feller on his toes.

Chorus:
Barefoot, barefoot, you'll never go wrong going barefoot.
Barefoot, barefoot, it's time we got our two feet on the ground.

End:
Keep your two feet on the ground…
Yes, sir!