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The word for today is…
boondoggle (noun) -
1: a braided cord worn by Boy Scouts as a scarf slide, hatband, or ornament
2: a wasteful or impractical project or activity often involving graft
Source : Merriam-Webster
Etymology : When boondoggle popped up in the early 1900s, lots of people tried to explain where the word came from. One theory traced it to an Ozarkian word for "gadget," while another related it to the Tagalog word that gave us boondocks. Another hypothesis suggested that boondoggle came from the name of leather toys Daniel Boone supposedly made for his dog. But the only theory that is supported by evidence is much simpler. In the 1920s, Robert Link, a scoutmaster for the Boy Scouts of America, apparently coined the word to name the braided leather cords made and worn by scouts. The word came to prominence when such a boondoggle was presented to the Prince of Wales at the 1929 World Jamboree, and it's been with us ever since. Over time, it developed the additional sense describing a wasteful or impractical project.
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