I'm sorry, but this is factually false.
Don't believe me? Look up "money multiplier effect".
In general, money spent by government programs has about HALF the "multiplier effect' as that financed by private enterprise. This is a fact, that has been shown in scores of economic studies over the last 50+ years.
In fact, in many cases, the government never makes back it's "investment"...
Each dollar the government takes in taxes, is one less that's available for private investment. It's simple math... that dollar can't be both in the hands of a private investor, and in the hands of government, at the same time...
There have been cases where government 'kick-starting' a program has had beneficial results- but there's a time- and that time comes very quickly, by historical evidence- where the technology HAS to STAND ON ITS OWN, or fail. That's the problem here- when is electric car technology going to be able to do that?
Regards,
Gordon.
Yeah, like farming, coal and petroleum are standing on their own!
Oh...wait...never mind.
-D