The poem
Sir, I admit your general rule, That every poet is a fool, But you yourself may serve to show it, That every fool is not a poet.
8,657 poems196 poets · 750 BC to todaySince 2003

The poem
Sir, I admit your general rule, That every poet is a fool, But you yourself may serve to show it, That every fool is not a poet.
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This poem means exactly what it says. As an epigram, it plays with the concept of logic I recall from IQ tests (ie. if all womps are wobbles, ad all wobbles are zonks; then are all zonks necessarily womps?) The epigram's purpose is most clearly seen as a response to criticism. Lines 3 and 4 are a subtle retaliation on the part of the poet by basically saying: "All fools are not poets...just look at you!" It's also witty that a poet replied to his critic(s) in the form of a poem.
The title itself is "Epigram". The poet was so inventive with the execution of his 'comeback' that he, however, had little creativity in the way of developing a title.