Set in the 70's Wisconsin suburbs, high school student Eric lives with his parents, Red & Kitty. Next door lives his girlfriend Donna and her parents, Bob and Midge, The rest of Eric's friends include Jackie, and her on again-off again boyfriend, Kelso, Hyde, a conspiracy theorist, and Fez, a foreign exchange student who is soaking up American culture like a sponge. The group likes to spend their time in Eric's basement, pondering their lives, parents, and their futures while listening to Led Zeppelin, drinking Tab cola and looking at Farrah Fawcett posters.