Hi. I like Wordpress a lot, too. But you have to be on a speedy server otherwise you are going to have some serious performance issues. I use Wordpress on my hosting account and it loads just fine being as bloated and inefficient as it is. But that is because the web host I am on is good. I used to be on Go Daddy, too. I had to leave because it was so slow. During peak times (in the afternoon to early evening), forum page loads were taking 20 - 30 seconds per page view. I was using SMF forum at the time and it printed out the page generation time at the bottom. It was taking over 20 seconds just to generate the page plus a few seconds to deliver the content. So I left Go Daddy years ago and am very happy where I am now.
I complained on the Wordpress board about how bloated the thing is. There was another person who echoed my complaint. You can read the thread here:
WordPress › Support » 77 Files Included Per Page View! Insane!
Go Daddy may be fine for hosting simple static web pages. But if you are going to be running a site that generates content on the fly as Wordpress does, you have no choice but to find a better host.
If you want to know which web host I use, send me a private message. It does not cost very much and is worth more than the $5 a month I pay for it. I recommend them highly! A cheaper plan is available for $25 a year. My host uses cPanel and allows more features than Go Daddy does. The bottom line is that you often get what you pay for. Oversellers such as Go Daddy lure people in with promises of "unlimited" resources which they could never possibly deliver. Then they stuff as many accounts on the server as possible which inevitably leads to poor performance as you are experiencing.
Being on a good web host is wonderful. It is far less headaches and you can actually do stuff that you could never do on Go Daddy. And pages actually load quickly!