Actually, your logic makes no sense, but its ironic because even if you play out your scenario that doesn't make sense, its still not a good decision. Here's why.
You're assuming before the play starts that you will complete the pass and get the first down. Ok, I'll assume you're correct. So, we complete the pass, its the start of the inside of the 2 min warning. We are at 1st and 10, Jets have 2 timeouts.
In my scenario, I'm going to assume that we would have gotten a total of 5 yards on 2 downs of rushing. I don't think you can make an argument that we wouldn't have gained a total of 5 yards on 2nd down and then 3rd down. So, we run the ball instead of the bootleg. Lets say we don't get the first down, but we are a few yards closer. Its now the 2 min warning, 3rd and short for Buffalo, Jets 2 timeouts.
We run on the ball on short yardage and get the first down. If you're going to assume we pass for the first down I'm going to assume we can run a few yards for it. The Jets would take a time out, and it'd be 1st and 10 with the Jets only having 1 timeout instead of your scenario where they'd have 2.
This is a messed up logic, because you are forcing me to make an argument based on assumption (because that's what your entire philosophy is also based on). But, even if we do that, you're still wrong.