I just took a look at a long list of lies by your current President. It has nothing to do with facts like the ones you've stated above. These are simply lies. You can't argue that it's some interpretation, or just half of the picture or anything like that. It's simply a bunch of words phrased as a fact but they never happened.
I can't see anything good coming out of this for any country. It ruins the ability to have a real debate in a society, and I think it harmed America (not only of course) greatly.
And one last thing - yes, it probably shouldn't be one person from one political side that decides what's completely false and shouldn't be published (or perhaps better, be corrected), but I don't think it should be so impossibly complicated to create a system in which representatives from all sides can do this together. America already has structures like this implemented.