Could they make this today?

I guess you're out of touch with the woke culture, but basically I doubt that a video like this one could be made today. There would be some group of social justice warriors that would denounce it as stereotyping, bashing, or otherwise maligning Mexican culture. I don't think there is anything really wrong with it, I loved it as a kid watching it on MTV, but in today's world, I don't think something like this could be made.