The criterion, according to Politifact, seems to be that a fact isn’t a fact if it helps a Democratic narrative.

Jared Bernstein watches the train wreck. Obama said:

In the last 22 months, businesses have created more than three million jobs. Last year, they created the most jobs since 2005.

which is just true. Period.

But Politifact rated it as only “half true” because he was “essentially taking credit for job growth”. He didn’t actually take credit — and even if he had, a fact is still a fact.

I do not think that word means what Politifact thinks it means.