So far, I have been pleasantly surprised with the President’s speech. It has avoided some of the usual feeling of being nothing but a laundry list of small programs.  He has made a few relatively significant proposals–particularly his call to change the tax treatment of individual health insurance–but mostly has made broad calls to support important principles, including spending restraint, Social Security reform, school choice, and immigration reform.  He has managed to strike a tone of being bipartisan without caving.