Yes, but his point is that they're "accumulating" the depth that has fallen, not the depth that lies on the ground at the moment. For example, a reporter from there, on Monday night (when I think it had reached the 10' mark) was talking about how some of the drifts were "almost as tall as me". Now, I figure she's less than 6' and, even if not, she can't be much more. So the snow had packed and compressed (and maybe some melted a little, I don;t know).
So you pile the snow off to the side. You have NO WHERE ELSE to put it (speaking about the average homeowner). Additionally, as roads are cleared by heavy equipment, they have absolutely nowhere to put that snow except to push it off to the side (which happens to be your curb and front yard). There is nowhere they can cart it to even IF that were possible, let alone plausible. So if you're shoveling your driveway, you keep piling it off to the side and it gets higher and wider until it stops snowing. I've NEVER seen 10' of snow, but I do know what 4' can do.
When you hear of some places loading dumptrucks with snow to be carted off, that is very area specific and has nothing to do with residential areas except for main arteries of traffic...if then.
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DON'T BE SCARED
-Stretch