Does the U.S. Postal Service need reform?

Last week, the U.S. Postal Service Postmaster-General suggested service cuts, including cutting the six-day mail delivery schedule to five days. The economic downturn is a catalyst to the postal service’s decrease in volume and revenue due to many factors including more people receiving their letters through email and bill paying over the internet. How can the USPS be reformed? We talk with MICHAEL CREW, Director of the Center for Research in Regulated Industries at Rutgers University and RICK GEDDES, associate professor in the Department of Policy Analysis and Management at Cornell University. Listen to the mp3