For a $200 bike, it's never going to work the way it's intended to work. ANY bike you buy at a department store--and many that you buy at general sporting goods stores--will be garbage. In 1995, the rule of thumb was to spend at least $500 on a bike to get something that you could realistically ride every single day; that's about $1000 today.

I'm saying this as someone that worked at bike stores as a mechanic off and one over about 15 years; the cheap dept. store bikes someply can't be fixed and adjusted to work the way that their owners expect.

(PS - yes, fixies are cheap and light. No, you should not under any circumstances ride them on public streets or trails. If you do, sooner or later you will have a serious accident that will involve stitches, broken bones, possibly surgery, and probably rehab.)