I'm in my 40s, and I don't know anyone personally who's dealt with any kind of significant issue due to identity theft or fraud.
Like, occasionally my credit card company will call me up about some fraudulent transactions and then they'll mail me a new card and take the fraud off my bill.
A problem can be simultaneously incredibly acute for an unlucky subset, structurally really problematic, and also on average have very low impact. Those problems generally don't decide elections.
I traveled to the Caribbean on a cruise. I figure one of the staff found my wallet, which had my original Social Security Card in it. Years later, I find a letter from the IRS about unpaid taxes on income over the previous 3 years. My SSN had been used for fraudulent filings, despite my residence always having been in California. There was also the discrepancy of overlapping tenures at cleaning companies across the eastern seaboard and overlapping tenures at tech companies on the west coast.
I talked to the IRS and I got audited (naturally). My income tax returns were withheld for about 7 years plus the 3 that had fraudulent filings. One day, I got a check from the US Treasury for all the back-returns plus interest. It was worth, I guess. Some individuals had also tried to get various loans, phones, etc in my name but my credit was sub 500 at the time, so they were denied. I kinda got lucky and unlucky at the same time.
I periodically receive OTPs I didn't request, because malicious actors are trying password stuffing with really old credentials of mine from data breaches. It's relatively frequent.
Like, occasionally my credit card company will call me up about some fraudulent transactions and then they'll mail me a new card and take the fraud off my bill.
A problem can be simultaneously incredibly acute for an unlucky subset, structurally really problematic, and also on average have very low impact. Those problems generally don't decide elections.