I just thought, that would be funny. What songs do You know besides Dancing With Myself by Billy Idol, I Touch Myself by Divinyls and Whip It by Devo?
PS. I know Whip It isn’t about jacking off, but still most people think it is, so to me, that counts.
Better Off Without A Wife, by Tom Waits. Not specifically about masturbation, but he jokes about it in the preamble…“I don’t get weird about it, tying myself up…just like to spend a little time with myself, is all…makin’ the scene with a magazine…”