Sure, it's easy to say from the ground with what we know now that all they had to do was flip a couple of switches, and that a previous crew managed to land safely. However, the job of an airplane is not to be safe only with quick thinking, above average pilots. If a single sensor failure can present a situation that 99% of pilots will successfully diagnose and recover from, you're looking at multiple crashes per year.
The NTSB will of course look into the CVR, the pilots' training, background and track record to try to figure out why they did not use the cutoff switches. I'm very curious about that.
Similar types of accidents have occurred in the past and turned out to be CRM (Cockpit Resource Management) issues, where the copilot recognized what was wrong but was intimidated by the pilot into doing nothing.
Additionally, the airplane should have been grounded after the previous flight, as runaway stab trim is a serious problem, until the fault was found and corrected.
Equally badly, the flight crew was probably not informed of what had happened on the previous flight.