You guys are really arguing about nothing. It totally is possible to move in the direction of financial prosperity without deannexing or screwing over anyone who already lives where they live. Incentivize particular development patterns over othes but grandfather in existing developments. Focus on key corridors as nodes of density and pass policy making building there easier. Limit sprawl in the periphery but don't "disinvest" If we enhance areas already primed for density, it will create more revenue to be spent on all areas of the city, including the sprawly parts. We don't have to trim the fat, we just need to stop eating cake and start building lean muscle to be able to support it.
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