Something already does happen for large distances.
That's an observable fact. It's redshift.
What causes it?
The standard answer is expansion, which needs inflation and dark energy and an arbitrary multiverse to do that. Al lthings that make the theory more complicated with distance.
Alternatively, what if light doesn't travel forever?
How would such a reality look if things existed farther away than light could travel?
Is it not exactly what is observed?
What is more complex,
0 frequency photons ceasing to be photons,
or
infinite wavelength photons everywhere never interacting with anything in space expanding faster than c?
If it's a matter of complexity, the 0 frequency photons ceasing to exist is less complex than there being infinite wavelength photons everywhere.
The thing you need to evaluate the complexity of is an actual theory, with equations and everything, not a vague suggestion that maybe photons lose energy as they travel.
I don't think the conventional theory says you have infinite-wavelength photons, and I think your thought experiment with your two hands is wrong. Light from an object at the Hubble limit not only never reaches us, but also never reaches (say) a point 1m "inward" from us. It never gets any closer to us. Note that this is not the same as saying that light from 1m less than the Hub...
I am submitting this on behalf of MazeHatter, who originally posted it here in the most recent open tread. Go there to upvote if you like this submission.
Begin MazeHatter:
I grew up thinking that the Big Bang was the beginning of it all. In 2013 and 2014 a good number of observations have thrown some of our basic assumptions about the theory into question. There were anomalies observed in the CMB, previously ignored, now confirmed by Planck:
http://www.esa.int/Our_Activities/Space_Science/Planck/Planck_reveals_an_almost_perfect_Universe
We are also getting a better look at galaxies at greater distances, thinking they would all be young galaxies, and finding they are not:
http://carnegiescience.edu/news/some_galaxies_early_universe_grew_quickly
http://mq.edu.au/newsroom/2014/03/11/granny-galaxies-discovered-in-the-early-universe/
B. D. Simmons et al. Galaxy Zoo: CANDELS Barred Disks and Bar Fractions. Monthly Notices of the Royal Astronomical Society, 2014 DOI: 10.1093/mnras/stu1817
http://www.sciencedaily.com/releases/2014/10/141030101241.htm
http://www.nasa.gov/jpl/spitzer/splash-project-dives-deep-for-galaxies/#.VBxS4o938jg
Although it seems we don't have to look so far away to find evidence that galaxy formation is inconsistent with the Big Bang timeline.
http://www.natureworldnews.com/articles/7528/20140611/galaxy-formation-theories-undermined-dwarf-galaxies.htm
http://arxiv.org/abs/1406.1799
Another observation is that lithium abundances are way too low for the theory in other places, not just here:
http://news.nationalgeographic.com/news/2014/09/140910-space-lithium-m54-star-cluster-science/
It also seems there is larger scale structure continually being discovered larger than the Big Bang is thought to account for:
http://www.sciencedaily.com/releases/2014/11/141119084506.htm
D. Hutsemékers, L. Braibant, V. Pelgrims, D. Sluse. Alignment of quasar polarizations with large-scale structures. Astronomy & Astrophysics, 2014
http://www.sciencedaily.com/releases/2013/01/130111092539.htm
These observations have been made just recently. It seems that in the 1980's, when I was first introduced to the Big Bang as a child, the experts in the field knew then there were problems with it, and devised inflation as a solution. And today, the validity of that solution is being called into question by those same experts:
http://www.physics.princeton.edu/~steinh/0411036.pdf
What are the odds 2015 will be more like 2014 where we (again) found larger and older galaxies at greater distances, or will it be more like 1983?