I'm curious as to what other options there are, let alone ones which are better
In the short to medium term, borrowing what is required and accepting a higher debt to GDP ratio.
This will increase economic growth, with the increase in debt servicing being the trade off. This trade off is made even more worthwhile considering how cheap borrowing currently is.
As the economy begins to grow again, the extraordinary public spending on furloughing and supporting industries will become less necessary.
We can hold other increases in public spending to inflation and the debt to GDP ratio will begin to decline.