This is probably closer to 3.5, but Goodreads doesn't allow half stars.
Epps is a legal scholar who writes regularly for the Washington Monthly -- I am a longtime subscriber. This seems to be his first work of fiction and it was published in 1985, when I was living in the DC suburbs and attending graduate school at Maryland.
The title alludes to Jonathan Swift's Gulliver's Travels and Epps includes multiple references to that classic political satire in the text and in epigraph form. In this case, the author's satire is targeting Washington DC and the young people who struggle to make careers there. As you might imagine with the chosen narrative form, the book is quite critical of the characters and their choices. Mostly, Epps employs ridicule to poke fun at the people (and the government at the center of their lives), but sometimes the situations border on farce. This is particularly true when he focuses on the exploits of a former minor league baseball pitcher who arrives in Washington seeking a grant for his community and a religious/political (?) cult with shady operational tactics and goals.
The main character Gerald Nash seems particularly clueless and the reader observes his career and personal life rise to very high heights, then fall after an election causes him to sacrifice too much of his time, dignity, and professional status. His roommate, introduced as an underemployed lay about, eventually transforms in the other direction. That character obtains enormous rewards after rewriting an analytical piece by altogether reversing his original argument.
By the end of the book Epps is targeting Washington's then-new infatuation with Reagan-style conservatism, with its emphasis on the private sector and various hypocritical views on tax cuts and budgets. In the era of Donald Trump it all seems kind of quaint even as there are echoes of familiarity in the rhetoric from 40 years ago. I laughed out loud a number of times.