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I just feel like if we raise/fold, we're not in a much worse spot. We still have about 10BB. We get a lot of credit since we're short stacked and UTG. Taking down the blinds increases our stack by more than 10% and actually makes a worthwhile change to our situation, putting us above 10M and in 3rd place before we go through the blinds.
It's just that personally when I'm in this sort of situation, I feel like it's about time to make a play. And like I said, this is a play that I make if the blinds are going up soon, within a couple minutes. If the blinds have just gone up, I'm still patient and I'm playing exactly the way you've talked about -- raise/calling JJ+, maybe AK (I've seen too many people shove Ax over a short stack raise) and open shoving AQ, 99-TT (88 is a tough spot, but I probably fold UTG).
And this might not be important in a $5.50 SNG, but I like the idea of balancing our raising range a bit. If we're only raise/calling and only with monsters, we have a strategy that can be exploited. If we throw in a couple other hands, we might get more action on our monsters and/or more credit on our weaker hands.
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