Colbert Asks Obama About Him Running for President: ‘The Bar Has Changed,’ ‘I Don’t Have to Limbo So Low?’

RUSH EXCERPT:

COLBERT: “For the record, I think it’s a stupid idea. How dumb do you think it is for people to say that I should run for president?”
OBAMA: “well. You know. The bar has changed.”
COLBERT: “that is true. At times subterranean. I don’t have to limbo so low.”
OBAMA: “Put it this way. I think that you could... [Laughs] Perform significantly better than some folks we’ve seen.