Deep below the ocean's surface, looms a vast, magnificently high-tech compound: Sealab. A multi-national scientific station with an annual budget in the trillions, dedicated to the research and exploration of man's final frontier - Sealab's crew is charged with exploring the possibility of underwater colonization. As the Earth's surface, by this time, has gotten just generally crowded, hot, and icky. However, as most government-funded agencies usually are, Sealab is manned by a motley collection of malcontents and screw-ups who were unfit for work in the private sector. They really don't get any research done, but instead spend their time bickering among themselves.
This is my favorite episode