Gregg Easterbrook at Espn.com does a great job dissecting these highly questionable punting decisions every week, primarily when it comes to the NFL, but obviously the same principles stand whether it's Pee-Wee league, high school, college, or pro, as football is football wherever you go, and you are absolutely correct in the fact that is exactly a concession move, because punting in that scenario is an utter statistical failure, as it does virtually nothing to enhance your chances at winning, but rather almost exclusively just serves to cement the hole you're in, and nearly always equates to a loss.
And Easterbrook does a great job illustrating these situations week by week along with providing an overall (and ongoing) statistical breakdown regarding such scenarios, and the implication is clear, that is a give-up move, and to play it 'safe' and punt in such a situation as that, it's as good as saying game over, and the weight of evidence backs that up over, and over, and over again, such as soon as we decided to punt, I knew that meant 'game over'.
So why not just say what the f*ck and go for it, in the fourth quarter, on the road in front of a hostile homecoming crowd and down by two scores with under six minutes on the clock? What does it serve to punt in that situation? Is it simply to make it look like a 'respectable loss'? Well hey, if that's the case, we still managed to lose by 29 points, so that's out the window.
Screw that, and in that situation, go for it, because what else exactly is there to lose?
I cannot stand that particular variety of conservative and gutless coaching. You fail in going for it? So what? If nothing else, it gives the offensive team a valuable lesson on the art of going for it on a desperation fourth and long, and also shows faith and confidence in them and the fact they might actually be able to pull that off if only allowed to try and do so. But instead, let's cut our balls off at the base, give the punter more work, and just concede the game, and honestly, that decision was just pathetic.