The phrase is used metaphorically to express waste of time with busy actions that don't lead to progress.

Metaphorical Use

Often indicates a person's frustration or exhaustion from lack of progress despite effort.

Frustration Connotation

Doesn't mean someone is physically running in circles; it's about feeling stuck in an activity.

Stresses the aspect of indecision or overthinking that prevents problem-solving.

Can suggest that continuous debate or thought without conclusion is mentally draining.

The phrase can imply the need to change tactics or approach to break the cycle.