The 1972 Ringo hit that featured humorous rhyming lyrics such as "tasty" and "wasted," and George on the guitar solo is: Back Off Boogaloo
"Back Off Boogaloo" is actually known to be song that was sung by Ringo Starr. It's known that Ringo sang the song for Paul McCartney. He uses it to tell him to make good music.
We can see that in the lyrics of "Back Off Boogaloo" rhyming lyrics such as "tasty" and "wasted," are seen in song.
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