You make the call

In the middle of sending off the U.S. Olympic squad, Bush says,

Olympians don't rest on their laurels; they wear them.

Does this mean anything? Either he's an idiot, or he's so smart it makes me feel like an idiot.

[UPDATE] I didn't read the transcript until Varones added the link, but apparently the transcriber took it as a joke (or perhaps it's scripted laughter from the speechwriters?)...

Olympians don't rest on their laurels -- they wear them. (Laughter.)

Laughter indeed. Oh George, you so cwazy.