Uhm… In that situation, I'd sure bunt. If the pitcher was a lousy bunter, I'd pinch-hit in someone who was good at it, then have HIM bunt. (Of course, all of this is game-situation dependent.)
You've gotta figure that bunting has a 75%+ chance of bringing the runner in, where hoping for a hit, error or sac fly would probably be around half of that. I'd feel pretty stupid if I let my pitcher swing away in a situation like that and he struck out.
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