We propose that underdoped high Tc superconductors are described by an
algebraic spin liquid (ASL) at high energies, which undergoes a spin-charge
recombination transition at low energies. The spin correlation in the ASL is
calculated via its effective theory - a system of massless Dirac fermions
coupled to a U(1) gauge field. We find that without fine tuning any parameters
the gauge interaction strongly enhances the staggered spin correlation even in
the presence of a large single particle pseudo-gap. This allows us to show that
the ASL plus spin-charge recombination picture can explain many highly unusual
properties of underdoped high Tc superconductors.Comment: 22 pages, 18 figures, submitted to PR