I'm a die hard libertarian (lowercase L) and adore Atlas Shrugged, so my response should come as no surprise to anyone that knows about those ideals.
The problem... ALL economic problems, in fact, stem from INTERFERENCE in the market by the government. There should be a separation between government and economy just as there is separation between church and state. Once the people are completely free to do what they wish with the land and resources that they have, then the economy will start moving again.
But in modern America, ESPECIALLY in a "blue state" like Michigan, they have years and years worth of legislation and rules that say "you can't put this business here, you have to put it there" or "if you open up this business, you have to pay these fees and follow these rules". The more rules you have, the HARDER it is to start a business. And businesses, in the end, are what give people JOBS, not the government.
Adam Smith's invisible hand WORKS, as long as the government isn't there smacking it in this direction or that.
The pure free market is a balanced equation naturally. As soon as you use an outside force to unbalance it, you will forever play a balancing act for all eternity. The only way to re-balance it is to get out of the way and let nature take its course.
That's my not so humble opinion, at least.