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What is pie in the sky?

What is pie in the sky? Here are some definitions.

Noun
  1. (idiomatic) A fanciful notion; an unrealistic or ludicrous concept; the illusory promise of a desired outcome that is unlikely to happen.
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Examples
And the companies behind the latest sell-off are not the pie in the sky dotcom ventures that fuelled the frenzied run-up in the Nasdaq index earlier this year.
I am not talking about pie in the sky approaches to quickly replace major nuclear or coal burning facilities with solar or wind power.
Not so long ago, many people thought that bringing crime in New York under control was pie in the sky.
It's probably pie in the sky to say we could unionize them, but that's what I'd like to see.
We are not talking pie in the sky, we are talking about clear correlations which will help deliver a healthier Scotland.
I think that is the most responsible position that a government can bring forward, because to some extent the rest of it is pie in the sky.

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