I would tell you the pun about the broken pencil, but it has no point to it.
Broken Pencil Pun
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Explanation
Explain Bear
Listen up, buttercup. The joke is that a broken pencil can't be used because it has no point, which is a pun because the joke itself also has "no point," meaning it's not very good. And you know what else has no point? Your life choices, probably.