And the really unpalatable truth is that the Left has sold state and local governments on the idea that they really don't need all of those dirty, old factories any more - that with enough student loan money everyone can go to college and sit in a nice, clean cubicle writing code and increase the tax base in an environmentally friendly way.
Since 95% of coding is dependent on one's innate ability to recognize patterns, steal them, and adapt them, they are in for a dreadful disappointment when the 85 IQ crowd with newly minted college diversity degrees proves incapable of even operating the office copier. :)
Leftist planners who'd bought into the idea are finding that it significantly increases inequality.
As is usual, what the left wants is mutually exclusive.
Inequality in the Creative City: Is There Still a Place for Old-Fashioned Institutions?
Creative class theory, now a mainstay of local economic development policy, has a dark side: Cities that have a larger creative talent pool are also likely to have greater income inequality. Richard Florida, in acknowledging this disturbing trend, has assigned a new role to the creative classhelping low-wage service sector employees harness and express their creative energy and talent. In this article, the authors explore the complex relationship between creative workers and earnings inequality in the context of the broader urban economy. Drawing on this analysis and an expansive body of literature on urban income inequality, the authors propose an alternative set of policy actions aimed at mediating creativity and inequality through a deepening of traditional labor market institutions and legislative supports. In contrast to claims that these are obsolete solutions in the new economy, the authors argue they are necessary for the long-term sustainability of the creative economy.
The authors, of course, think the more government is the fix to the problem that more government created.