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to look busy at work but not actually be doing anything productive.
Originally applied to tradesmen who work with hand tools
I left the wife loads of jobs to do but all she's done is piss tool. What a complete slacker

Foreman: Kenny's looking busy today.
Disgruntled Workmate: Take no notice he's just pisstooling about.

Kenny was well known as a pisstooler in the factory
by PWD June 05, 2006