If it creates jobs and doesn't do anything, it is bad, like anything else that has a cost but no benefits. Jobs are costs -- they force you to spend your life doing one thing when you could be doing all manner of other useful things. Only if your job produces useful things does that benefit outweigh the cost of having to spend your life on it.
No benefits? It keeps people off the streets and gives them something to do, pointless or not. The net benefit to society is positive, which is why it keeps getting voted for.
I live in a place with a severe homeless problem. I wish these people had pointless government jobs rather than be out begging on the street.
