I was sat in a cafe recently and on the next table to me was what I call a "Mother Daughter". The mother was a pensioner (a senior). The daughter had travelled a couple of hours to catch up with her mum.

The mother spent most of the hour I was in there complaining that her pension did not go as far as it did in the past. Clearly she was struggling to maintain her standard of living.

Imagine what is happening here in macroeconomic terms.
She is being given, say, $1000 a month to maintain her standard of living. She is not expected to produce anything in return for this.
This is as per the OP's proposal.

The government in the UK has to print a considerable proportion of its spending every year to provide these "tickets" that we call pounds. You call them dollars in the US but it's the same thing !

In the UK the government deficit is about 10% so:

+ At the beginning of 2012 she receives $1000 a month and there are $X trillion tickets in the economy.
+ At the beginning of 2013 she still receives $1000 a month but now there are $X * 1.1 trilliion tickets.

(I am ignoring the measly 1% pension rise per annum they are getting are the moment).
If everything stays the same, she is poorer in terms of purchasing power by 10%.

Printing tickets and handing them out is no substitute for real goods.