These sorts of statements are analogous to the median vs mean slight of hand (aka lying) that people routinely employ to intentionally mislead.
At the very best it's "not the whole truth". To just build stuff and have it be used to a useful degree you need latent demand for transportation of all forms. These assumptions are generally questionably optimistic or untrue outside of urban areas (like real ones, not the census definition).
A bike lane to a strip mall off the highway that has nothing else immediately around it does nobody any good. Slap up a bus stop. Even if the bus service is crappy it will still benefit somebody.