Yes, it's Stalin and Mussolini and Hitler and Franco, not Washington. But he's still the President. I'd say the same thing to the lefties who would be having fits about President Bush doing it.
But two things are of interest. First, I expect that the Duce, oops, President, and his brilliant team of advisers will make sure that this speech is one to which no parent could object. They will draft it, like all his brilliant and caring orations, to be inclusive of every parent and child.
So look for the assumptions. Look at the word choices. See if there is division and otherising.
Second, actually DO what the Bolsheviks in the education industry say they do. You know, that "We don't teach facts, we teach critical thinking" stuff. Since the teaching guide contains no hint that the Leader- sorry, it keeps creeping in, President's words should be subjected or are even the proper subject of any analysis other that comprehension, acceptance, and obedience, do it yourself. Talk with the children in your care and ask the questions the NEA "only ones" think don't need to be asked.
Don't boycott, engage.