Fact. The liberal elites savaged President Obama. “Not only was Obama unable to take his own side against Romney; afterwards Democrats and the liberal media could defend neither their fellow partisan Obama nor their colleague Lehrer. The hysterical and self-destructive frenzy that resulted was nothing less than spectacular.”

Fiction. Obama’s claim that Romney has a $5 trillion tax cut. “To justify its $5 trillion figure — the estimated tax loss over a decade — the Obama campaign had to cherry-pick Romney’s proposal and the TPC analysis. It had to ignore any revenue raised by reducing tax breaks and assume that, faced with a conflict between the rich and the middle class, Romney would automatically side with the rich — as opposed to shielding the middle class from any tax increase. On Wednesday, Romney promised to protect the middle class.” Read the whole thing.

Fact. “A new estimate puts the deficit for the just-completed 2012 budget year at $1.1 trillion, the fourth straight year of trillion dollar deficits on President Barack Obama’s watch.”

Fiction. Democrats are annoyed that the Romney caricature didn’t show up at the debate, so now the real Romney is a “liar”: “What we’ve seen in the wake of the debate is that some on the Left are so wedded to their imaginary right-wingers that when their actual opponents advance positions or make arguments that are different from those imaginary ones they will call those actual opponents fakes and liars. They believed their own caricature of Mitt Romney, and his unwillingness to play into it strikes them as dishonest. Or put another way: Confronted with evidence of their own dishonesty about who Romney is and what he stands for, they call the evidence a lie.”

Fact. The Republican Jewish Committee’s ad with Bernie Marcus, head of Home Depot, is the RJC’s most effective to date.

Fiction. Atlantic lists 10 of the silliest excuses for Obama’s debate meltdown, including: “Some people suggest that Obama is luring Romney like the Russians lured Napoleon, getting him in too deep and out of his element.” My favorite: “The social-media site’s users are in a tizzy, suggesting that Romney was caught on camera pulling an illegal cheat sheet out of his pocket as the debate began.” It was a handkerchief.

Fact. “Remember the Boom of 2011? We are creating fewer jobs this year than last year.”

Fiction. Some right-wingers claim that the employment figures were cooked by the Bureau of Labor Statistics. Actually, they could just be a conflicting mess. “The problem is that the monthly jobs report is two separate, unintegrated reports: the payroll survey and the household survey. The latter is traditionally more volatile. The payroll survey reported the 114,000 more jobs, the household survey said total employment increased by 873,000. Both can’t be right; 873,000 would be the biggest monthly job growth in decades. Indeed, it was last reached in 1983 as the economy was rebounding sharply from the recession of 1981-82 and growing at an awesome 9.3 percent on an annual basis. The economy is growing at 1.3 percent this year.”

Fact. Many “fact” checkers can’t tell the difference between “fact” and opinion. “The administration is essentially arguing that . . . [the Independent Payment Advisory Board] will cut costs only by reducing provider incomes, not by curtailing in any way the consumption of Medicare beneficiaries. This is possible, I suppose, but it is not supported by either economic theory, or historical evidence . . . . A fact checker is free to say that they disagree with me, and that IPAB is going to do across the board reimbursement cuts, or it will take it 100% out of provider pockets. Fair enough. But this is not a ‘fact.’ It is your opinion about how a still-somewhat nebulous agency description will actually be implemented, and what effects their as-yet unknown actions will have. From my perspective, it looks like the ‘fact checkers’ have somehow annointed the least likely outcome as a ‘fact’ about the future.”

Fiction. Jay Carney was making stuff up when he said that the administration had no intelligence indicating the installation in Libya was in danger. Jake Tappper has the goods: “ABC News has obtained an internal State Department email from May 3, 2012, indicating that the State Department denied a request from the security team at the Embassy of Libya to retain a DC-3 airplane in the country to better conduct their duties. Copied on the email was U.S. Ambassador Chris Stevens, who was killed in a terrorist attack on the diplomatic post in Benghazi, Libya, Sept. 11, 2012, along with three other Americans. That attack has prompted questions about whether the diplomatic personnel in that country were provided with adequate security support.”