Precedent suggests that what’s happened in the US will lead to a recession, but maybe it’ll be different this time.
Conservatives have been very successful framing a compelling narrative about who they are and what they stand for. Progressives will have a tough four years if they don’t do the same.
States have been using tax breaks and other incentives like the kind Trump dangled before Carrier for years. There’s little evidence they work, and in fact they may lead to widening inequality.