Economic growth can sometimes distribute economic benefits inequitably.
Cardinal Mahony, of Los Angeles, is Chairman of the USCC Domestic Policy Committee. It is a day set aside to honor working men and women and to celebrate the meaning and value of work at the beginning of a new millennium. They not only cope but thrive in the new economy, experiencing remarkable economic rewards for themselves, their families and their companies. A second economy includes people who are doing well by some measure, but are squeezed by declining incomes, struggle to afford health care, and worry about the cost of a college education or Catholic schools for their children. They find the new global competition' not only an opportunity but also a source of worry.