The web was atwitter yesterday with the notion that President Bush was so offended by Stephen Colbert’s monologue at the White House Correspondents Dinner that he refused to laugh.

Not so.

I happened to not be able to sleep on Saturday night, and so I watched C-Span’s replay of the dinner at around 12:30 AM, and here’s the God’s-honest truth: The reason Bush didn’t laugh is because Colbert wasn’t funny. No one laughed.

Yes, Colbert had a couple close-to-home shots, and I enjoyed it when he mocked the press for its slavish sycophancy to the president. But the truth is, Colbert died up there…