There were no sanctions of food and medicine. Saddam decided he needed palaces more than children needed food and medicine.
Do you want to lift the sanctions against N. Korea also?
That's a clever bit of weaseling. The sanctions were probably the most comprehensive economic sanctions ever placed on a country. It totally destroyed Iraq's economy. Among the things they were no longer able to buy in sufficient amounts, even though they weren't specifically part of the sanctions regime, were items necessary for the public health. It's also worth pointing that ALL trade was banned "but not including supplies intended strictly for medical purposes, and, in humanitarian circumstances, foodstuffs..." Trade for food was banned unless there was a humanitarian disaster, that's a quote from the security resolution.
http://www.fas.org/news/un/iraq/sres/sres0661.htm
The sanctions were modified late in the game, and around the time we invaded, NGO's and other human rights organizations had developed a pretty decent way of getting food and medicine to people who needed it. As bad as the sanctions were, the modified version would have been a great deal better than what happened post-2003.
I also like the idea that we escape moral responsibility for the deaths due to sanctions because Saddam didn't invest the little money he had in humanitarian efforts. That was highly predictable. This was all a very conscious decision, as Albright's quote shows. We knew Saddam would behave in such a way that would lead to hundreds of thousand of innocent deaths and we moved forward even though, as we learned in this last invasion, he was impotent after the first Gulf War.
As for North Korea, they actually have nukes, which complicates matters. If the choice is between military action and sanctions, take the sanctions. That choice wasn't forced in Iraq, however, and the weapons inspectors tried to explain this.