GoDaddy is your problem. Their shared hosting does not perform well for anything that makes moderate to heavy use of MySQL. A Drupal site which is under development and doesn't employ caching often makes considerable use of MySQL queries to generate each page.
If you're still in development, I recommend working locally instead. You can install Acquia Dev Desktop to get a Drupal compatible server environment running on your machine.
Then when you're ready to go live, upload the files and publish a copy of the database to GoDaddy. Make sure all caching is enabled, and the theme registry isn't being rebuilt on every call.
Depending on the complexity of your site, however, you may still experience poor performance. Like I said, GoDaddy's shared hosting is generally not recommended for Drupal due to their poor MySQL performance. If you can, I would urge you to seek a better quality hosting provider.