Lyric discussion by Orange Morendo 

Cover art for Effortless lyrics by Knapsack

I agree somewhat with the 1st commentator. It sounds to me like there's a struggle to repress an alter-ego. The "basement" is repression. What escapes is the alter-ego, or "replacement." After which, the subject is waiting on the opportunity (an open space) to beat the escapee back into submission. In doing so, the subject is distancing himself from "the rest." I suppose his alter-ego is similar in character to his peers.

The "wishing well" part is a play on words, I feel. Either an actual wishing well or the sentiment of wishing someone well on their departure. "..that won't confess to.." Wishing wells hold secrets by withholding silent wishes through coin tosses, whereas the sentiment of wishing someone well may hold a secret if it's not intended in some way. Maybe the subject of the song is secretly wishing to be like the rest, yet knows that if he tries to he'd be losing himself. He stops becoming like them, hesitantly pushing them away (wishing them well).

I think the "effortless" part is supposed to be ironical. The cycle is easier said than done. In the end, I'd say the guy is doing the right thing. Stay yourself, though it's difficult at times.

My Interpretation