This suggestion is complicated by the fact that you can't
just boost out of an orbit with one short maneuver. You can turn your circular orbit into an elliptical orbit, tangent to the original orbit; any debris in this orbit can still affect satellites in geosynchronous orbit when those satellites cross the point of intersection. Because the orbital period will be slightly longer than the original, and it is not tuned to any particular resonance, eventually all satellites in geosynchronous orbit will be at risk.
To actually get your satellite into a new orbit that doesn't intersect the original, you need to maneuver again: in this case, after you have followed the new (elliptical) orbit for ~12 hours (half an orbit) to its new high point.
All this is complicated by the fact that an explosion is further acceleration that shifts the orbit of the debris.
(That said, they appear to have ample time to move the satellite, it's a question of rules that would ordinarily prohibit it. The race is with the bureaucracy. Also, since the thrusters are designed for stationkeeping instead of propulsion, it's more of a gentle spiral outward than two fast maneuvers. Finally, some of the complication is about having ground tracking stations that can communicate with it: they have to speed it up by going lower, causing "eastward drift", before they can slow it down by going higher, which will give it westward velocity on the surface.)