Lyric discussion by dugapony 

Cover art for Over You lyrics by Velvet Underground, The

i always thought he said "lesson less rainbows" instead of "less and less rainbows". he is saying that when he has it, he doesn't care about it. now that he doesn't have it, he is chasing pipe dreams and not learning anything from it. one of my favorite VU songs

Lyric Correction

@dugapony I heard it as lesson-less rainbows too, makes sense that way