WEALTH CREATION AND RESOURCE GENERATION Over the past three decades at However, with more wealth being least, the defense budget process appears created at home in recent years, we now to have been afflicted by the paralyzing have the unique opportunity to reverse mindset that “we don’t have the money.” this fatalistic outlook in government. It is Despite the continuously intensifying time to say, “We have the money and we internal and external threat environment, can find more money”; it is high time we such negative mindset essentially ignored think of national defense not as a financial the wisdom of investing in safety and burden, but as a strategic investment for a strategic security to build a credible safer and more secure future. deterrence to protect and uphold our investment, it has payback in terms of national interests. Consequently, the enabling and supporting economic growth country, by default, has become and sustainable development, and vulnerable to infiltration, sabotage, boosting the national morale. As an poaching, insurgency, terrorism and natural catastrophes. Human Capital Development The Philippines is dealing with a creators, job collaborators, technical massive crop of Filipino men and women specialists and experts of all kinds. While on the threshold to adulthood who we continue to deal with the more obvious potentially form the country’s rich talent risks related to the country’s population pool as thinkers, leaders, entrepreneurs, boom and the negative effects of a very employers, creative artists, innovators, job high population density, we shall focus [30]