The U.S. Postal Service began slowing down delivery of some letters and packages starting Oct. 1, but economists say that's a vicious cycle, reports KQED.
Jesus Salas, professor of finance, joins the conversation to discuss the financial viability of USPS on the Forum Podcast episode, "Mail Delivery Slowdown Speaks to Bigger Problems for the U.S. Postal Service."
"I don't think the USPS is about to go bankrupt, but the question about the pension system being in a big hole is a very serious situation," he explains.
Salas continues discussing concerns with defined benefit plans and alternative solutions for USPS.
Listen to the podcast on the KQED website.