Totally different argument.
No, the same argument.
The pressure gauge trying to return to 0 is mediated by similar forces to the balloon trying to shrink.
Both are objects which have been pushed away from their natural, relaxed state by the pressure of the air.
Both have a force trying to push them back as a result of this unnatural state.
Both can remain as they are with the pressure inside pushing outwards towards them with a constant force.
Both will very quickly return to their natural state if there is nothing pushing them out.
Both show you are wrong, and that gas does still push outwards in all directions, rather than being sentient and magically pushing towards the exit.
This is what happens to a balloon when it can relax naturally:
You already have a video of it deflating.
Notice how the deflation is much slower and takes a lot longer for the balloon to relax.
This shows that while there is still pressurised air inside it, it is still pushing against the balloon, keeping it inflated.
And that's the problem.
Yes, that's the problem FOR YOU.
Real physics can explain the purpose of the water quite well.
Water density aided by internal compressed air push into it to thrust it against the stack below the direct breach.
And air would do that as well.
Again, your model only makes sense to say water works better than air, if you admit that the resistance of the atmosphere is a problem, or if you admit that the exhaust can be what is being "pushed" against.
But that would mean that rockets work better in space.
If you want to appeal to the resistance of the atmosphere, then an air based rocket would work better than a water based one.