boondoggle
noun
a wasteful and worthless project undertaken for political, corporate, or personal gain, typically a government project funded by taxpayers.
Used to describe an ongoing action or state that is currently taking place in the immediate present.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
He knows what is boondoggling and what is not.
From The Armed Forces Officer Department of the Army Pamphlet 600-2 by United States. Dept. of Defense