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- (idiomatic) To pursue unrealistic or fanciful goals.
- 1921, P. G. Wodehouse, chapter 16, in Indiscretions of Archie:
- "I'm sorry to spoil your daydreams and stop you chasing rainbows, and all that, but aren't you forgetting that the shop belongs to me?"
- 1975 March 3, "Democrats: Five and Still Counting," Time (retrieved 26 June 2014):
- The message of the campaign brochure was slick and soothing: "Bentsen. He dreams dreams. But he doesn't chase rainbows."
- 2013 Jan. 23, Chris Hewett, "Get ready for the greatest rugby show in the northern hemisphere," Independent (UK) (retrieved 26 June 2014):
- But Johnson says he knows the score and intends to approach the challenges ahead with a strong sense of realism. "I don't want to chase rainbows," he said.
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