Yeah, exactly this!! If you must know all my financial transactions, can't you at least do my taxes for me? If you already know who I am all the time, why do I need like three forms of ID to get a updated driver's license? If you can track all the phones, do you really need to ask for name and phone number when I call 911?
It's just bizarre how much data they collect and then... ignore? It didn't catch terrorists, it didn't stop the capitol storming, it doesn't stop school shootings... what exactly do they do with it all? It's like a pointless subsidy for hard drive manufacturers, where personal information goes to die.
At least Google provides useful services in exchange for all the tracking. Even Facebook has the decency to let you connect with people you might know, and help you remember what you did 10 years ago. If the government just offered useful services in exchange, millions would willingly surrender their privacy. Most of us just aren't very interesting.