Select the text and Copy it to the Clipboard (Ctrl-C).
Change the fill from white to black and move the text down and to the left 5 pixels in each
direction.
TIP: I set the Nudge Size (Page Options > General) to 1pix. When I use the arrow keys I can move selected objects with
precision.
Shift + Nudge moves the object 10 times the amount, Ctrl + Nudge moves the object 5 times the nudge amount. Alt + Nudge moves the object 1 pixel.
With the black text selected, select the Transparency Tool
(shown). Change the Transparency Type to StainedGlass and the amount to 60% using the slider on the Infobar.
Paste the text from the Clipboard back onto the page using Shift-Ctrl-V
to paste it in the exact location from which it was copied. If the text on top is not white, change the fill to white.