Repair it with Mr. Grip Furniture Repair Kit
|Repair loose rungs on chairs or restore worn screw holes, etc. Cut product to size with scissors, place over dowel end and push into place. For screws, cut to fit in hole lengthwise and then insert screw. Furniture repair kit #33118 contains 8 pieces measuring 1/4"e x 4"e . Screw hold kit #33126 contains 8 pieces 3/4"e x 2"e . Pieces are thin metal sheets with sharp teeth on both sides.
Only $4.99 at Rockler.com