Boondoggle
WordNet
noun
(1) Work of little or no value done merely to look busy
verb
(2) Do useless, wasteful, or trivial work
WiktionaryText
Etymology
Coined by Robert H. Link, American scout, 1929; alternatively “boon doggle”. Compare of similar sense, attested in same period.
In sense of “wasteful government program”, popularized in 1935 by The New York Times, in reference to New Deal programs which were claimed to feature people making such braids.