Lyric discussion by Pickel 

Cover art for Waves lyrics by Portugal. The Man

My interpretation of "No one cares about the waves at the bottom of the ocean" is this:

If you are at the bottom of the ocean, the waves at the top don't matter that too much to you. Since this is a pretty political song, I feel like it refers to people in Washington being so separate and disconnected from the people that they are in charge of. The real world is so far away from their own reality that they don't honestly care.

My Interpretation

Haha, I was just coming to post the same thing, although it could be a reference to the U.S. as a whole rather than politicians only. We still have some leftover isolationism from years past and it's easy not to feel too deeply about things going on half the world away when we're off in the western hemisphere living in our own little bubble.

True.