but from a regular human perspective it's hogwash!
Where is the majority of information concerning regular individuals kept?
Try to get an insurance, high chances are that you are asked for your SS-#, for what purpose?
In the US, there is one great feature: The whole population is indexed on one key - SS-# where there was one original purpose and its use has subsequently expanded to what it is now - the ultimate exploitation tool.
Try getting a company to disclose what data it has about you, something similar to a FOIA possibiliy available with US government. Seems you have no rights whatsoever and need to pay an attorney to get anything going in that directions.
Let's say you perceive something may be wrong and try to clear it up by asking for disclosure, what are your rights and what are the obligations of the other side? Looks like one needs to engage an attorney - pay those great hourly rates - and pray something will come out of it.
How about a basic consumer protection law putting the duty on the side storing those data?
Maybe it exists, dunno, sure feels quite outlandish something like that exists with all what is going on with this current political bribery scheme...