Several brief points, mainly taking from stuff I tweeted during the speech.
First, he hearkened back to Franklin D. Roosevelt, not just 1933 or 1937, but the FDR in the middle of war, who still looked to greater economic equality (if but haltingly for minorities) in his 1944 State of the Union address.
He then transitioned to Lyndon Baines Johnson and Medicare. This was good, which then led to a pivot to calling for a "Medicare for all" single-payer national health care system.
However, if Bernie wants to really go for the long bomb, he could have thrown deeper.
First, I still contend that the only good way to control costs in American health care, a single payer system isn't enough. Medicare being tight on reimbursement rates might help, but it might not be enough. I still say we need to look at nationalizing chunks of the hospital/clinic/doctor health care provider system.
(Update, Nov. 24: I have now written a broader blog post specifically defending corporate socialism, which Sanders did himself back in his salad days.)
Second, he didn't touch all of LBJ's Great Society. That's despite quoting Martin Luther King Jr.:
"This country has socialism for the rich and rugged individualism for the poor."
You do not wipe away the scars of centuries by saying: 'now, you are free to go where you want, do as you desire, and choose the leaders you please.' You do not take a man who for years has been hobbled by chains, liberate him, bring him to the starting line of a race, saying, "you are free to compete with all the others," and still justly believe you have been completely fair... This is the next and more profound stage of the battle for civil rights. We seek not just freedom but opportunity—not just legal equity but human ability—not just equality as a right and a theory, but equality as a fact and as a result.
When you put your foot on a man's neck and hold him down for three hundred years, and then you let him up, what's he going to do? He's going to knock your block off.
Speaking of, while he did make more than one allusion to unionism, I wish he had spoken more directly about the issue. Unfortunately, many unions, like the oily SEIU, have already lined up to endorse Clinton. And, per Sanders and social democracy, the American non-parliamentary two-party system is part of why Democrats co-opt unions without having a Labor or Social Democratic party.
On the other hand, organized labor could withhold endorsements before we get further into the primary system. And, just one — a truly liberal one like the Longshoremen — maybe could do a Greens endorsement in the general.
"Others" including a "real socialist" like Seattle City Councilmember Kshama Sawant, who is not yet highly impressed by Sanders.
And, per PDiddle in comments below, I'm at least some sort of semi-pacifist myself. And, I have blogged extensively about Bernie sucking too much at the military teat. PD's got more on his take at his blog. And, Sanders' website has full speech text.