That doesn't answer the question. Explaining time differences and descriptions means nothing.
Also, I am pretty sure Laozi lived after confucious.
It was not my intention to answer the question.
I choose not to judge opinions; but I would like to facilitate the forming of well-informed opinions by providing facts and tentative interpretations, and pointing out what I perceive to be misinformation where appropriate. Whether these interpretations and perceptions are in agreement with yours, however, is your choice to make.
This position is actually far from politically 'meaningless'. It is associated with some forms of anarchism (albeit not necessarily 'classical' anarchism), and pluralist ideologies in general.
The statement may 'mean nothing' to you, but that perhaps reveals more about you than the statement.
Back to Laozi:
Most sources tend to suggest that Laozi lived (if he lived at all) in the same period as Confucius. Zhuangzi (the 'other' Taoist, as I sometimes like to call him), for example, portrays Laozi and Confucius as contemporaries, with Confucius taking after Laozi. Shiji also describe scenarios in which Confucius and Laozi meet physically (and have interesting conversations). I think the amount of material citing Laozi as Confucius's contemporary or as coming before Confucius far outweighs the amount of material citing the opposite.
However, Confucianism is certainly the first to be actively taught, institutionalized, and formally adopted as a political system.
This may be of interest to some anarchists, who suggest that anarchism is the 'natural' form of (non)governance, and is a unique ideology in that, for anarchists, the theory stems from practice, as opposed to other ideologies, where the theory comes first on paper, then put into practice.
In fact, that may be the one key difference between classical anarchism and communism.