This meme is guilty of a false premise fallacy. Dumb girls go for dumb guys... sure. but typically smart guys don't usually go for dumb girls (unless it's for sex). Intelligence is not necessarily a qualifier or a disqualifier.
Intelligence is usually not a primary factor for either sex. Men are pretty simple when it comes to selection. It's women who almost always have a long list of requirements and unrealistically high standards. That's why many of them end up becoming cat ladies. Well, that and a lack of self awareness coupled with an inflated ego.