Yes, we do. It would need to be phased in. It would be no worse than QE, but much more noticeable on any given local economy. Why do you have a problem with using capitalism to recirculate money.
"Phased in" how? Because "phased in" or not, it would still mean the doubling of government spending with no real gain. People that have money, work hard for their money will be forced to give more to people that choose not to work hard and sponge of the rest of the country. Nothing noble in taking other people's money for your own needs, that is called being selfish.
What do you mean by, "no real gain"? People would spending that money in local economies and that money would be taxed locally.
Because you are taking money from the working class and giving it to the poor class, both spend money, you aren't creating more money, you are robbing Peter to pay Paul, that is not noble, it is selfish.
It is not a zero sum game. You simply are clueless and Causeless about economics, positive multiplier effects, and "growing the size of the economic pie".
If I have $5 and I am going to spend it at the grocery store and you take my $5 and spend it at the grocery store, nothing is added to the economy. I worked for the money you took it and spent it. What gain to the economy is there?
Now, if I had a business and hired you and gave you a pay check for helping me produce goods or services that others purchased, then you would have money, there is a cost benefit relationship and we have all improved the economy.