no seriously tho...
Even if you gave people 10x less free money you'd still be giving people basically enough for people to get free bicycles. That'd be a pretty huge expansion of emissions free transportation options.
Of course you'd need to completely redesign our unsustainable car oriented urban infrastructure, and despite all the rah rah about infrastructure spending in 2015, that hasn't happened.
Based on what little I know about purchasing electrical bikes (a relative of mine owns a bike store), the range i've seen most electric bikes go for is around $500-$1,000 with the high end being the Voltbike at around 2K.