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Boondoggle: [noun] (claimed to have been coined as a name for an ornamental leather cord) an extravagant and useless project. According to the New York Times, "boondoggle" is simply a term applied back in the pioneer days to what we call gadgets today. -- "Hatchet Jobs and Hardball: The Oxford Dictionary of American Political Slang", Grant Barrett, ed., Oxford University Press, 2004.
Example: The construction of a Rube Goldberg device - a complex series of mechanisms which must be set up and timed to go off precisely in sequence in order to accomplish a task which could much more easily be done by hand - could accurately be considered a boondoggle.
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