The point I'm making is that there are large cross-cutting concerns that shouldn't be sliced up by feature, but rather that the features should arise out of the composition of the cross-cutting concerns.

A single user story commonly requires the holy trinity of UI, 'business logic' and data storage, and my contention is that it's more efficient and robust to build those three layers out holistically rather than try to assemble them from the fragments required for all the user stories.